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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: DWW II who wrote (6620)2/13/1999 1:12:00 AM
From: Mad2  Read Replies (2) of 18998
 
DELL missed your target this week. By roughly 33%

Robertson Stephens analyst Dan Niles set an $80 near-term price target for the PC-making titan, saying in a research note that the end of Dell's fourth quarter was "soft." "We believe that growth is slowing for Dell given flattening component costs and increased direct competition." Niles also said prices for Dell's corporate sales are "under pressure" to an increasingly "competitive environment."
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