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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: Yaacov who wrote (159874)8/21/2000 11:57:12 AM
From: calgal  Read Replies (1) of 176387
 
Twilight zone at Dell

Dell Computer Corp. and its investors must have been feeling like they were caught in the twilight zone last week.

Dell's stock got hammered in the wake of reporting second-quarter revenue that was weaker than expected, and on Friday closed only $5.63 higher than did Compaq Computer Corp.

It's the closest the two stocks have come since March 23, 1999, when Dell was at $35.69 and Compaq was at $30.63.

Also last week, Hewlett-Packard Co. announced a stock split, which used to be an annual rite for Dell. Since its last split in March 1999, Dell's stock is down 3.8 percent, while H-P's stock is up 112 percent.

Who would have predicted that?

austin360.com
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