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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: jim kelley who wrote (145641)10/24/1999 10:17:00 AM
From: Lee  Read Replies (2) of 176387
 
Hi Jim,..Re:.in line with his firms policies and interests. They would like to see money flow into selected stocks on a quarterly basis.

Thanks for your reply. I guess this is the same ole 'churn, churn, churn' stuff.<g> I'm beginning to get a jaded slant or a conspiracy theory fantasy! <vbg> Especially after the 3:45 rumors Friday regarding CSCO. What some won't do to square or enhance positions! <g>

Re:.,suspect that DELL's revenues will be greater than projected due to the large number of corporate accounts won and also due to the rapid growth of their consumer business.

But if the ConvergeNet acquisition closes on Nov. 9th or sooner, will that charge be included in the next quarter's income statement or this quarter? Also, even if revenues beat estimates, what will happen if margins get compressed because of this rapid growth in the consumer sector?

cbs.marketwatch.com
Dell (DELL: news, msgs) will swap 6.9 million shares of its stock for all outstanding shares and options of privately-held ConvergeNet.

Dell, based in Round Rock, Texas, said it would incur a one-time after-tax charge of 5 to 7 cents a share as a result of the transaction. The company said it expects to take the charge by the end of the year.


Very glad to hear from you,

Lee
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