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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%Nov 25 3:59 PM EST

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To: Stewart Walton who wrote (77019)11/8/1998 11:17:00 AM
From: Mohan Marette  Read Replies (1) of 176387
 
...and then there is Maude,..er..Dell.

Stewart:
I thought you just replied to my thoughts on the TV/PC/Info appliance thing.

Now Dell is on deck and will show its stuff next week, are you ready?

Here is Kumar's take on the impending display of Dell's prowess.
=========================================================
....Then there's Dell Computer Corp. (Nasdaq: DELL).

Dell will announce its third-quarter results this week with First Call consensus expecting a profit of 27 cents a share.

In the year-ago quarter, it pocketed $248 million, or 17 cents a share, on sales of $3.18 billion. Last quarter, it handily topped estimates with a profit of $346 million, or 25 cents a share, on sales of $4.33 billion.

Dell's one of those stocks that just keeps growing. After slumping a bit in August, its shares jumped to a high of 69 ¼ in September after trading at a bargain price of 17 ½ last November.

Ashok Kumar, an analyst at Piper Jaffray, expects Dell to earn 28 cents a share in the quarter.

"We expect revenues of $4.7 billion and earnings per share of 28 cents," Kumar said in a research report. " We estimate that the company shipped about 2 million units at an average sales prices of $2,360.".......


Sorce:ZDnet

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