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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: puborectalis who wrote (169107)	3/21/2002 9:55:12 AM
From: Mick Mørmøny	Read Replies (1) of 176387

9:28 (Dow Jones) After meeting with Dell Computer (DELL) bigwigs recently, UBS Warburg keeps buy rating, saying it would be more aggressive if not for valuation concerns. Firm says Dell's overall tone on demand was cautious, with confidence for pickup in corporate spending this spring now slipping into the fall timeframe. One definite positive for investors, UBS says, is the likelihood the company will leverage a good cash position and strong cash flows to systematically lower share count. Price target is $32.50. Dell closed Wednesday at $26.92. (TG) Edited by Thomas Granahan Of DOW JONES NEWSWIRES (Call Us: 201 9385299; All Times Eastern) MARKET TALK can be found using code N/DJMT

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