DELL: Facts, Stats, News and Analysis Message Board

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Technology Stocks : DELL: Facts, Stats, News and Analysis

DELL 162.01

+0.6%

Oct 31 9:30 AM EDT

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To: scouser who wrote (273)	2/17/1999 12:09:00 AM
From: John F.	Read Replies (1) of 335

The Take on DELL from Briefing.com Dell (DELL 88 3/4 -1 1/8) reported a gain of $0.31, meeting estimates and exceeding year ago period by 11 cents... However, over past several quarters DELL has typically beaten consensus forecast by one to two cents so in line number being viewed as a disappointment... Most disappointing was the revenue number... Though 38% year/year jump is nothing to sneeze at, market expected more... Dell totalled revenues of $5.17 bln v. $3.74 bln... Street was looking for between $5.5 and $5.2 bln... As we noted on this page yesterday, having the expectations bar set very high is one of the earnings challenges facing highly successful companies... Stock down more than 11 points in after hours trading in reaction to revenue numbers... However, don't look for stock to fall much further as company also announced a 2-for-1 stock split... DELL also increased cash by over $730 mln and now has cash and marketable securities totalling nearly $3.2 bln... Finally, margins rose by 0.4% to 22.4%... Weakness providing buying opportunity for long-term investors.

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