Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: G.M. Flinn who wrote (32999)	3/8/1998 1:55:00 AM
From: freeus	Read Replies (3) of 176387

Hi all, Article from IBD for Monday March 9, Shocker Compaq warning: Break-even first quarter The No.1 PC maker said after markets closed Friday it will only break even in the first quarter. Analysts expected a profit of 35 cents a share-or around $550 million. It'll be the worst performance since Eckhard Pfeiffer took over as CEO in 1991 and ends a seven'quarter string of double-digit gains. Compaq blamed "competitive conditions" in the U.S. market, which will cause it to cut prices and promote aggresssively. Implications: Compaq says it must accelerate its move to a new PC distribution model-one designed to trim inventories. It also said sales for the quarter would be about $5.8 billion, the same as a year earlier.(my bold) News of a slowdown is in sharp contrast to the blowout January first quarter at Dell, where earnings rose 59% as sales jumped 55%. It is on the first page. Do you think that will help investors see the difference on Monday? Freeus

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next