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Technology Stocks : Dell Technologies Inc.

DELL 126.86

-0.3%

12:50 PM EST

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To: kemble s. matter who wrote (119773)	4/22/1999 6:08:00 AM
From: Dorine Essey	Read Replies (3) of 176387

Good morning Kemble, I found this on the IBM thread. Boy, are they confused. Dorine To: +J R KARY (5012 ) From: +Michael Collings Thursday, Apr 22 1999 1:19AM ET Reply # of 5016 In reality this boost in earnings may give many a selling opportunity. What many aren't seeing is the huge profit growth currently seen may end soon. Millions of companies have upgraded their systems recently to become y2k compliant and that surge will end soon. Stocks respond up to six months in advance to earnings slowdowns and the recent drop in stocks like Dell are probably linked to the likelihood of no earnings growth going forward six months. How many of your companies have upgraded their hardware in the last year and a half? I bet most. I know my company just bought over 800 Dell computers in the last year and we won't be buying again for a long time. It was all y2k instigated. The pros will be out long before a turn in earnings is evident. Remember that.

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