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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: kaka who wrote (169002)	3/14/2002 5:30:13 AM
From: Dorine Essey	Read Replies (2) of 176387

CSFB cuts PC estimates on comm IT slump -------------------------------------------------------------------------------- 04:59 ET CS First Boston overnight trimmed revenue and earnings estimates for companies in the PC supply chain, calling commercial IT spending "a no-show." Analyst Kevin McCarthy said he now expects 2002 PC unit growth of 5 percent vs. earlier expectation for 10 percent growth. He lowered his full-year revenue estimates by 2.6 to as much as 6 percent for Compaq [c: cpq], Dell , Hewlett-Packard and Tech Data . He lowered earnings per share for the group, except Compaq was left at 25 cents a share. "There is no evidence of a commercial pick-up with two weeks to go in the first quarter," the broker said. "Consumer PC sales have recently shown signs of cooling following a strong start to 2002."

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