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Technology Stocks : Dell Technologies Inc.
DELL 152.40-1.5%Nov 5 3:59 PM EST
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To: Craig A who wrote (106779)3/4/1999 11:01:00 AM
From: KM  Read Replies (1) of 176387
 
FWIW (from Greenberg's column):

Next (surprise, surprise -- and actually, I was surprised by how many people mentioned it): Dell (DELL:Nasdaq), which doesn't report until the end of April. If you believe the skeptics, last quarter's revenue slowdown was just the warm-up act. "It has the highest probability of a seismic event," says longtime PC bear Bill Fleckenstein of Fleckenstein Capital. He and several others, while admiring the company's growth, say the "Dell heads" (die-hard Dell investors) are in denial about the slowdown in the company's growth. Fleck's reasoning is largely tied to the double whammy of falling PC prices and the sharp slowdown by corporations in Y2K spending. "The quarter before was squishy," he says. "The next one they blow. It's coming." (Dell has a policy of not commenting on its stock or market speculation.) Dell's stock rose nearly 4% on Wednesday.

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