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Technology Stocks : Dell Technologies Inc.

DELL 146.68

-1.7%

Nov 7 9:30 AM EST

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To: TigerPaw who wrote (136285)	7/12/1999 1:43:00 PM
From: BBG	Read Replies (1) of 176387

Sorry if this has already been posted.... this news came out a couple of hours ago.... RESEARCH ALERT-SG Cowen upgrades Dell NEW YORK, July 12 (Reuters) - SG Cowen said on Monday analyst Richard Chu upgraded his rating on Dell Computer Corp. to strong buy from buy and set a $55-a-share price target. -- Shares of Dell were up 11/16 to 43-1/2 in early trading on the Nasdaq. -- Chu said Dell's "already formidable" business model, selling personal computers directly to individual customers, could be even more powerful in the Internet environment because Dell can acquire and retain customers better. -- "Chu now thinks the coast is clear for significant further upside, based on the strength of business," the firm said in a research note. -- No further details were immediately available.

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