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Technology Stocks : Dell Technologies Inc.

DELL 133.75

+2.5%

3:59 PM EST

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To: rudedog who wrote (162262)	10/20/2000 12:45:04 PM
From: calgal	Read Replies (1) of 176387

Rudedog: Compaq Says Computer Inventory at Healthy Level By David A. Gaffen Staff Reporter 10/20/00 8:14 AM ET PC maker Compaq (CPQ:NYSE - news) was rising in preopen trading after the company said it was comfortable with its third-quarter inventory levels. One of the reasons stocks of PC makers have declined recently is due to perceived softening in PC demand. Dell (DELL:Nasdaq - news), for example, fell recently after it said revenues for the third-quarter will be lower than expected. Inventory levels are crucial because computer products become outdated very quickly (unlike, say, a company that makes brooms or toilets, which haven't changed significantly since Chaucer was alive). Compaq is expected to report its earnings results Oct. 24. Lately, shares were up 30 cents to $28 on 10,000 shares, making it the sixth-most actively traded stock on the Instinet electronic trading network. thestreet.com

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