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Technology Stocks : Dell Technologies Inc.
DELL 129.25+0.6%3:59 PM EST
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To: Sig who wrote (168684)2/6/2002 6:28:59 PM
From: John Koligman  Read Replies (2) of 176387
 
Well somebody sure didn't like what was being said during the CC. Cisco now trading AH at 17.20, and Dell has taken a pretty good hit also, at 26.30... I said a couple weeks back that I thought we were overdue for a NAS drop, it is now getting close to giving back half the gain since Sept 11th... Question is, does it stop between 1750-1800...

Regards,
John

17:41 ET CSCO Cisco Systems restricts guidance to Q3 (18.61 +0.11) -- Update --
On call, says it still has limited visibility given uncertain economic environment, and as such, it will only be providing guidance at this time for Q3... CSCO -0.96 at 17.65
17:38 ET CSCO Cisco Systems provides Q3 guidance (18.61 +0.11) -- Update --
On call, says it is planning on revenue to be flat to up in the very low low single digits on a sequential basis ... based on Q2 revenues of $4.8 bln, that would be ahead of current Multex consensus of $4.67 bln... pro forma gross margins to be in high 50% range; operating expenses to be approx. flat; other income and expenses to be approx. flat; tax rate to be 28%; share count to grow 30-50 mln shares quarterly; and expects to generated $300-400 mln per month in cash from operations... CSCO -0.94 at 17.67

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