Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Boplicity who wrote (143488)	10/1/1999 8:52:00 AM
From: GVTucker	of 176387

A summary of Niles' downgrade: "We believe that the recent supply issues caused by the Taiwan earthquake and Camino delay will result in revenue growth being less than expected.... As a result, we are lowering revenue growth estimate from 12% to 9% q/q for Q3 and from 11% to 9% for Q4. "We also believe margins are under tremendous pressure given the price premiums being paid. 64 Megs of DRAM alone cost about $40 more today versus three months ago, of you can get them.... We are now modeling a 100 bps gross margin decline over the next two quarters versus 50bps. "We are lowering our EPS estimate from $0.77 to $0.74 for CY99 but maintaining our CY00 revenue estimate and EPS estimate of $1.04. We believe more details will be available at the Dell analyst meeting on October 7. We hope that is the extent of the damage.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next