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Technology Stocks : Dell Technologies Inc.

DELL 127.22

+3.8%

3:59 PM EST

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To: TechMkt who wrote (145602)	10/22/1999 3:43:00 PM
From: Lee	Read Replies (1) of 176387

Fez,..Re:.Anemic volume today More malarky too!! Talk about un-American!! From the broker - can't be linked. 22 Oct 10:20 NEW YORK (Dow Jones)--The next 100 days will decide whether technology giant International Business Machines Corp.'s (IBM) warning of shrinking earnings in the fourth quarter due to Y2K-dampened computer purchases reflects a broader problem for the tech sector, said William Fleckenstein, president of of Fleckenstein Capital. In an interview with CNBC Friday, Fleckenstein said he expects that along with IBM, big tech names such as Dell Computer Corp. (DELL), Cisco Systems Inc. (CSCO), and Hewlett-Packard Co. (HWP) will suffer due to their dependence on corporate America for sale of their technology. Given this view, Fleckenstein believes that currently "there is a lot more value in small caps than large caps." - Zahida Hafeez, Dow Jones Newswires; 201-938-5176 (END) DOW JONES NEWS 10-22-99 10:20 AM Rock on, Lee

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