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Technology Stocks : Dell Technologies Inc.
DELL 127.64+4.2%2:27 PM EST

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To: BGR who wrote (116335)4/11/1999 9:32:00 PM
From: JRI   of 176387
 
Rally in the futures! <OK, so they went from 4950 to 4350...just kidding...everyone knows tomorrow morning will be ugly...and probably both Monday and Tuesday will be bad...>

Intel will likely stem the tide Tuesday afternoon...if earnings are good (or good enough) from Apple and Sun, we will probably end the week in the low 40's...and then start climbing again within another week...

The Street will (eventually) see this for what it is: Compaq-specific.

One bright spot: Ever since I remember, Chuck Hill of First Call has been negative, negative, negative on companies earnings, stating flatout that analyst estimates are too high and don't match reality..........this quarter....even he has been quoted as saying that corporate pre-announcements for tech companies are way down (in comparison to previous quarters), and that earnings (especially hardware) should be much better than last year..
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