El-- <<"DELL set to double CPQ, AGAIN! Michael Capellas couldn't carry Michael Dell's jock strap!">> Very true and I sold DELL last for a lousey 1+ on a trade,, others agree with you-- read these while the pig wallows,,,
Dell (Nasdaq:DELL) was upgraded by several brokerage firms,
including Bear Stearns from attractive to buy and Robertson
Stephens from buy to strong buy. Shares of the computer company rose 3 1/2 (+6.83%) to 54 3/4.
Dell Computer (Nasdaq:DELL) was the focus of investors in the
tech sector today, as shares of the computer maker moved up
6.83% (up 3 1/2) to 54 3/4 on a host of positive news. First,
Robertson Stephens senior electronics analyst Dan Niles at
Robertson Stephens upgraded his rating on Dell shares, saying
"[W]e believe Dell has seen a continuing acceleration in its
business following a tough fourth quarter." Niles also set a
new price target of $65 on Intel shares by the end of 2000.
Dell shares were also helped by upgrades from Bear Stearns and
Banc of America Securities. Second, Dell's Chairman and CEO
Michael Dell said late today that the company's previous issues
with Year 2000-related purchasing slowdowns and component
shortages are now resolved. Third, Dell said the company would
announce a new deal with Ariba (Nasdaq:ARBA), a leading Internet
business-to-business (B2B) company. Other computer makers ended
lower, however, with Compaq Computer (NYSE:CPQ) edging down 1/16
(-0.22%) to 28 1/2, Gateway (NYSE:GTW) off 3 (-4.80%) to 59 1/2,
and Apple Computer (Nasdaq:AAPL) falling 4 7/16 (-3.53%) to 121
5/16. |
