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Technology Stocks : Dell Technologies Inc.
DELL 125.88-1.6%Dec 31 3:59 PM EST

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To: D.J.Smyth who wrote (164941)4/25/2001 12:54:25 PM
From: kaka  Read Replies (1) of 176387
 
Merrill: Dell's Q1 on track (DELL)
By Tomi Kilgore

Analyst Steven Fortuna at Merrill Lynch said "a series of checks" are indicating that Dell Computer (DELL) is on track to meet or exceed consensus expectations of 10 percent revenue growth and earnings of 17 cents per share for the fiscal first quarter ending in April. Fortuna said U.S. sales in April appear to be slightly below plan, but are being offset by European sales. Also, he thinks Dell built in "a substantial cushion" when it gave its revenue growth guidance. The stock is trading up 18 cents at $26.03.
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