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Technology Stocks : Dell Technologies Inc.
DELL 138.940.0%Dec 5 9:30 AM EST

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To: t2 who wrote (161702)10/5/2000 7:51:19 AM
From: GVTucker  Read Replies (1) of 176387
 
Morgan Stanley is cutting FY01E to 92¢ from 94¢ and is cutting FY02E from $1.18 to $1.10. That would cut next year's earnings growth to under 20%.

PaineWebber is also cutting FY01E by 2¢ (now at 93¢) and is establishing a new FY02E of $1.15. They've got a price target of $55 based upon a PEG of 2x.

Merrill is cutting a penny off FY01E (now 92¢), but is keeping FY02E unchanged at $1.20.
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