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Technology Stocks : Dell Technologies Inc.

DELL 118.75

-0.8%

3:59 PM EST

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To: kemble s. matter who wrote (154044)	2/17/2000 2:28:00 PM
From: rdwng	Read Replies (2) of 176387

Thread: Not meant as a slam for HWP, but isn't it interesting the stock movement of DELL vs HWP in light of both companies' recent earningsreports: H-P victimized by profit concerns PALO ALTO, Calif. -- Hewlett-Packard shares fell after the world's No. 2 computer maker reported lower fiscal first-quarter earnings, dragged down by less profitable personal computers and printers. Hewlett-Packard (HWP) fell 6.00 to $125.00 in early afternoon trading Thursday, down from Wednesday's record close. Profit fell 10%, mostly because the products that did best in the quarter were consumer devices that typically carry narrower profit margins than computers for corporations. At the same time, Hewlett-Packard's expenses rose 15%. Profit fell to $794 million, or 80 cents a share, from $882 million, or 85 cents, a year ago. H-P was expected to earn 78 cents a share, according to First Call/Thompson Financial. Redwing

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