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Technology Stocks : Dell Technologies Inc.
DELL 138.54+3.7%3:33 PM EST

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To: Tradelite who wrote (101184)2/16/1999 8:39:00 PM
From: Walcalla  Read Replies (1) of 176387
 
From the Bull Market Report.
Dell continued to set the standard for the computer industry in
managing assets. During the quarter, the company generated $750
million in cash from operations and increased its cash position to
$3.2 billion, while repurchasing 15 million shares in the quarter.
Since its share repurchase program began three years ago, Dell has
repurchased 375 million shares.

COMMENT: The management conference call with analysts is about to
commence and there may be some changes in perception after all the
news is out. We said over the weekend, that if the stock approaches
$80, you may want to consider picking up some shares. Here's why:
Dell made the Fortune list of most admired companies coming in as
number 4 (see article below); they are now selling $14 million a day
on the Internet - $1 billion in January alone; and they announced a
2-1 stock split effective March 5th, its 7th split in 7 years. Is
this any reason to knock off almost 20% and over $20 billion in market
value in two days? Our vote? Absolutely not! Michael will be on
CNBC tomorrow at 11 AM eastern. This is sure to be a good interview.
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