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Technology Stocks : Dell Technologies Inc.

DELL 127.38

+0.8%

9:53 AM EST

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To: Mohan Marette who wrote (124439)	5/13/1999 3:42:00 PM
From: stockman_scott	Read Replies (1) of 176387

Mohan: Even though I like IBM (and I think they are very good company) IMO they may be getting a little too much credit for all this internet hype. Check out this new Bloomberg description of "IBM's Growth"....... << To be sure, IBM has had trouble in the past keeping all its diverse businesses on track at the same time. While first-quarter sales increased 15 percent, fourth- quarter sales rose 5.9 percent after customers delayed purchases of computer servers and price cuts ate into profit from mainframes. IBM's personal computer business racked up almost $1 billion in losses last year. While Gerstner declined to give specific projections beyond saying he expects IBM to maintain ''double-digit'' revenue growth, observers called his comments at yesterday's analyst meeting in New York more upbeat than usual. ''I didn't hear a cloud in the sky,'' said Soundview Technology Group analyst Gary Helmig, who raised his 12-month estimate for IBM shares to 260 from 225. >> ------------------------------------------------------------------------------------------------ Do you think DELL is measured by a different standard? Best Regards, Scott

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