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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: Venkie who wrote (39194)	4/27/1998 4:12:00 PM
From: dougjn	of 176387

News from the H&Q conference today as reported in theStreet.com: All Eyes on Dell There was also a full house for Dell (DELL:Nasdaq), the only PC maker that still seems immune to the channel-stuffing inventory problems of competitors Compaq (CPQ:NYSE) and IBM (IBM:NYSE). Tom Meredith, Dell's chief financial officer, was typically confident during his 15-minute presentation, saying that the box maker will shortly pass IBM to become the No. 2 PC maker worldwide. "Even though our market share has gone from 1% to just over 6% in the last five years, we still have lots of head room," he said. Dell's fiscal year ends in January, with the first quarter ending this Friday. But that didn't stop Meredith from commenting on first-quarter growth. "We are restrained from saying what the quarter is, except to say demand is good," said Meredith, pausing for dramatic effect, "actually robust." The room broke out with knowing laughter and you had to wonder if fund managers would be buying the stock on today's dip. (The stock was down about 4% in midafternoon trading to 73 1/8.) Doug

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