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Technology Stocks : Dell Technologies Inc.
DELL 129.98-6.2%Dec 12 9:30 AM EST

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To: Meathead who wrote (166660)8/30/2001 9:37:39 AM
From: John Koligman  Read Replies (1) of 176387
 
Hey, what ever happened to all that talk about China???


Boston, Aug 30, 2001 (MidnightTrader via COMTEX) Dell Computer (DELL) is shifting lower this morning on 4,000 Instinet shares after a senior executive told Reuters wire service the company expects technology spending cutbacks in the AsiaPacific region to continue and the company remains cautious on PC demand over the next few months. The executive noted that Q2 and Q3 will be much the same with budgets remaining tight. Additionally, he said recent forecasts from International Data Corp. regarding PC demand in Asia are overly optimistic, and DELL expects IDC will retreat from those numbers by the quarter's end.

Price: 21, Change: 0.80, Percent Change: 3.7%
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