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Technology Stocks : Dell Technologies Inc.

DELL 140.41

+1.1%

Dec 8 3:59 PM EST

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To: Meathead who wrote (19935)	10/30/1997 4:43:00 PM
From: Wayne Lian	Read Replies (1) of 176387

Any truth in rumor about DELL? Yesterday there was a rumor that DELL was calling the analysts to lower their expectation. Now we know better if there was any truth in it based on today's events: 1. Salomon today upgraded DELL and CPQ to buy. If the rumor was true, will Salomon upgrade? Doubt it unless Salomon's analyst just missed the call from DELL. 2. Merril L reiterated DELL and CPQ buy. Did ML's analyst also missed the call? 3. Alex Brown downgraded both DELL and CPQ. If DELL made the call, I would expect the downgrade on DELL much bigger than CPQ since CPQ just had a strong quarter. 4. If DELL really made the call, you will see a herd of analysts downgrading DELL. It didn't happen today. Given these fact, I cannot believe there was any truth in the rumor.

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