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Technology Stocks : Dell Technologies Inc.

DELL 142.68

-2.7%

3:59 PM EST

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To: jim kelley who wrote (125025)	5/16/1999 10:43:00 AM
From: Gabriel008	Read Replies (3) of 176387

Jim, I read the WS interactive edition interview summary of the Paine Webber downgrade. Interesting to note that PW downgrade was not company specific. This provided us bulls the opportunity to buy more DELL. I'm now sitting with 960 contracts. A little aggressive but definitely certain we're looking at $5.7B to $5.8B in revenues and either 18 or 19 cents in earnings. Here's the relevant section of the article: "Friday afternoon downgrade of Dell Computer shares by PaineWebber analyst Don Young. The stock actually edged higher one point for the week to 41 3/16, but it was off 2 1/16 Friday. What's ominous about Young's move to cut Dell to a "neutral" rating is that it was "not company specific." Rather, the analyst says he sees evidence that personal-computer price competition has become more cutthroat at a time when the key North American market is "showing continued signs of weakness in PC demand."

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