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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Dr. David Gleitman who wrote (77103)11/9/1998 12:33:00 AM
From: Lionheart  Read Replies (2) of 176387
 
If I remember correctly, last quarter the stock did not appreciate that much prior to earnings, but there was somewhat of a run-up. Then after the earnings announcement, the stock gapped up the next day about $10. The quarter prior to that, the stock had a good run-up prior to earnings, then fell back quite a bit because Dell only beat estimates by .02/share. The whisper numbers/expectations had even been higher. That is why I am glad that there is not a guessing contest this time which can create unrealistic expectations. I think if earnings are .28/share, however, the stock will probably pull back because the street is used to Dell beating consensus by more than a penny. I do know that Dell has beat estimates for the last, what?, 20 or 21 quarters. I do know that this last quarter's sales should have been very robust.
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