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Strategies & Market Trends : Guidance and Visibility

AAPL 267.46

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Nov 17 3:59 PM EST

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To: SirRealist who wrote (67994)	8/15/2002 9:53:21 PM
From: Ron	Read Replies (2) of 208838

DELL: I wouldn't be short here... DOW JONES: --The company slightly raised expectations for the third quarter, saying it expects net income of 20 cents to 21 cents a share and revenue of $8.9 billion. Analysts had been expecting Dell to earn 20 cents a share on sales of $8.56 billion in the third quarter, according to Thomson First Call. If Dell achieves its new third-quarter revenue guidance, it would mark a 19% increase from the company's $7.47 billion in sales in the year-ago period, when it earned 16 cents a share. Meanwhile, CEO Dell took the opportunity Thursday to confirm widespread industry rumors that his company will enter the market for handheld computers, although he declined to provide details or a timeframe. He also reiterated that Dell plans to begin selling Dell-branded printers and ink cartridges. Company officials previously have said a move in the printer market is likely by the end of the year, but CEO Dell wouldn't confirm the timing. "It's not the right time to (make an announcement) now," he said. "But stay tuned." In addition, CEO Dell played down the potential short-term revenue impact of both printers and handheld computers, saying his company's initiatives in computer storage and server markets represent much larger opportunities. DOW JONES NEWS 08-15-02 Copyright 2002 Dow Jones & Company, Inc.

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