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Technology Stocks : Dell Technologies Inc.
DELL 129.24+0.7%Dec 26 9:30 AM EST

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To: D. Plen who wrote (168785)2/13/2002 7:19:51 PM
From: kaka  Read Replies (1) of 176387
 
D.Plen,

More to the tune of down for next Q and recovery not until later in the year.....from HWP.

Fiorina reiterated that she doesn't expect a business recovery until the second half of the year.

"In a statement, H-P said it expects sales in the second quarter to be down modestly from the first quarter, with gross margins and expenses roughly in line with the first-quarter results. Management said it is uncertain whether an increase in consumer technology will continue, and that tech spending among business customers continues to be slow."

Maybe we'll be gratefully surprised.

Cheers
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