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Technology Stocks : Dell Technologies Inc.

DELL 133.59

-1.8%

Dec 3 3:59 PM EST

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To: mepci who wrote (158792)	7/24/2000 6:07:36 PM
From: John Koligman	Read Replies (5) of 176387

Apparently Merrill cut revenue estimates on Dell today. I know 'everyday is a good day to buy Dell, but I guess I'll be drinking coffee for a bit longer this summer before touching these PC stocks.... Regards, John 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%.

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