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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Calvin who wrote (146873)	11/10/1999 2:50:00 PM
From: Patrick E.McDaniel	Read Replies (1) of 176387

Calvin, RESEARCH ALERT-Dell EPS outlook, rating reiterated NEW YORK, Nov 10 (Reuters) - Banc of America Securities said on Wednesday it maintained its third quarter EPS estimate for Dell Computer Corp. (NasdaqNM:DELL - news) at 18 cents per share ''despite recent speculation that DELL could miss by a material amount on the revenue or EPS line.'' -- Reiterated buy rating. -- Reiterated $56 price target. -- ''We've seen nothing to suggest 3Q results will deviate from management's guidance from its pre-announcement on October 18.'' -- ''Y2K is still a risk area, but we view Dell's exposure as very limited relative to that of the higher-platform (UNIX, Mainframe) suppliers. We'll be surprised if management raises any Y2K red flags.'' -- Dell is scheduled to release its third-quarter earnings on Nov. 11.

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