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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

3:59 PM EST

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To: Meathead who wrote (23506)	11/29/1997 11:35:00 AM
From: Rosemary	Read Replies (2) of 176387

Meathead, From today's Barron's on Dell: "As Deere did for farm-equipment stocks, DELL Computer pulled several large tech shares up off the canvas after a bruising Monday selloff with a Wall Street-pleasing earnings report. The personal-computer maker Tuesday unveiled third-quarter earnings that had risen 81% to 69 cents a share, a penny above consensus expectations. Server and Workstation sales shone and Dell sprinkled in some magic words for Wall Street: market-share gains, declining component costs and expectations of continued strength in 1998. Investors are increasingly viewing the PC market as dominated by the very large, elite players. So after closing Monday at 79 3/4, Dell finished the week up 4 7/16". Nice words from Barron's, wonders never cease. They really must have liked that report and the future outlook.

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