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Technology Stocks : DELL Bear Thread
DELL 120.60+1.8%Jan 9 9:30 AM EST
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To: craig crawford who wrote (81)3/11/1998 4:56:00 PM
From: jjs_ynot  Read Replies (2) of 2578
 
In addition, HWP and IBM both indicated a glut in the PC channels
today.

For example:

Hewlett-Packard Co. (HWP) 60 15/16 -9/16: Lewis E. Platt, CEO of
computing and printer company, says that the PC industry currently
encountering too much supply in the inventory channel; inventory build-up is
leading to pricing pressures in the middle to high-end of the PC market, but
only sees a "modest impact" on company's PC margins..... Briefing

Not a pretty picture
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