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Technology Stocks : Dell Technologies Inc.
DELL 133.59-1.8%3:59 PM EST
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To: SecularBull who wrote (152182)1/26/2000 6:51:00 PM
From: Sam Bose  Read Replies (1) of 176387
 
The conference call was not much help. The general perception in the analyst community is that DELL failed to accurately forecast the Y2K shortage (not so much the "component" problems) unlike HP and IBM that came out well ahead of the pack last year to warn. DELL on the other hand kept misguiding analysts by constantly stating that "we will not be affected by Y2K". This now will come home to roost with a crediblity problem with the Street.

Hope Short Covering helps to stabilize the stock somewhat tomorrow.
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