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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: stockman_scott who wrote (132175)	6/9/1999 8:37:00 PM
From: Mohan Marette	Read Replies (2) of 176387

Noteworthy from 'Paine [in the ass-et] Webber conference. scott: Interesting tidbits from the conference,I like it so far.Wonder what they got planned for the summer. =============== Dell's gross margin on peripherals, the percentage of sales left after subtracting production costs, is now 38 percent, compared with 31 percent a year ago, Rollins said. He told the managers to ''watch our activities throughout the summer'' for additional contracts with peripherals makers. ........ Rivals, which Rollins didn't name, ''are backing off from the aggressive pricing that we have seen'' because they need to make money, he said. ............ Dell ''picked up very good momentum in the first quarter and we've seen the momentum continue,'' Rollins told about 500 money managers at the PaineWebber Inc. Growth and Technology Conference in New York. Rollins said Dell's sales for the period that ends July 31 are being bolstered by better performance in Europe and ''exploding'' demand in China. He declined to give specific forecasts for sales or earnings.......

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