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Strategies & Market Trends : Rande Is . . . HOME

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To: just_a_passer_b who wrote (44250)	12/28/2000 9:03:32 AM
From: chowder	Read Replies (1) of 57584

From da street.com >> The PC sector is coming under fire this morning. Prudential Securities has cut revenue estimates on PC makers IBM (IBM:NYSE - news) and Dell (DELL:Nasdaq - news) citing weakness in PC sales. Prudential cut fourth-quarter revenue estimates for IBM to $24.5 billion from $25.3 billion. IBM was lower in preopen trading, with shares lately down $2.69, or 3.2%, to $82 on 35,300 shares traded on Instinet. Pru trimmed its revenue estimates for Dell to $8.29 billion for the quarter from a previous estimate of $8.38 billion. Dell was the most actively traded stock in preopen Instinet trading, losing 25 cents, or 1.4%, to $17.75 on 51,000 shares << dabum

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