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Politics : Ask Michael Burke
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To: Earlie who wrote (82525)7/24/2000 3:50:14 PM
From: Michael Bakunin  Read Replies (1) of 132070
 
From Briefing:
* 10:39 ET PC Growth : UBS Warburg reports that US personal
  computer growth slowed significantly in Q2, to 14.5% from
  20.0%; says  most notable event was the slowing of Dell's
  (DELL 51 -1 3/8) growth rate to 22.3% from 30.6% in March.
as well as:
* 15:07 ET Dell Computer (DELL) 46 9/16 -5 13/16 (-11.1%):
  --Update-- After performing checks, Merrill Lynch feels it
  appropriate to cut revenue estimates; firm lowers Q2 view to
  $7.75 bln from $7.942 bln, Q3 to $8.672 bln from $8.888 bln;
  Q4 to $9.46 bln from $9.70 bln; Merrill maintaining earnings
  estimates for the periods.

* 14:31 ET Dell Computer (DELL) 47 9/16 -4 13/16 (-9.2%): --
  Update -- Merrill Lynch lowering top-line estimate and
  reducing yr/yr revenue growth rate forecast from 29% to 26%.
-mb
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