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Technology Stocks : Dell Technologies Inc.

DELL 139.01

+4.1%

12:17 PM EST

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To: John Koligman who wrote (175878)	4/11/2007 2:35:19 PM
From: kaka	of 176387

Hi John, Dell axes the axiom, reverses plans for a New York store in Nyack, NY. and gets an estimate raise. cheers, April 11, 2007, 9:13 am Dell: Pru Lifts April Qtr Ests; Sees Revs Stabilizing, Possible Gross Margin Expansion Posted by Eric Savitz Prudential’s Jesse Tortora this morning raised his estimates for Dell’s (DELL) fiscal first quarter ending in April, asserting that “revenue growth has begun to stabilize, gross margin could continue to expand and that Dell is on track to meet or beat consensus estimates.” Tortora raised his April quarter revenue estimate by $240 million to $14 billion; his EPS estimate increases a penny to 28 cents. The Street is at at $13.99 billion and 26 cents. Tortora writes that he expects the margin improvement to come from component cost declines and a richer revenue mix with higher services growth and a de-emphasis of low-end products. The analyst maintains an Overweight rating and $31 price target on the stock. Dell today is up 12 cents at $24.03.

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