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Technology Stocks : Dell Technologies Inc.

DELL 122.43

-8.5%

3:59 PM EST

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To: Chuzzlewit who wrote (126416)	5/18/1999 8:40:00 PM
From: Grandpa Joe	Read Replies (4) of 176387

From Briefing.Com: Dell (DELL 44 1/16 +13/16) did what would have been unimaginable just two quarters ago, it reported "in line" results... Quarterly gain of $0.16 on revenues of $5.54 bln, though well above year ago results of $0.11 and $3.92 bln, leaving investors cold... Stock down almost 3 points in early after hours trading... Dell simply victim of expectations game, as year/year earnings and revenue gains of 45% and 41%, in an industry where high-single digit growth is considered standard, isn't bad news... But when companies have a history of exceeding estimates, as DELL most certainly does (or is it did), then just meeting consensus forecast often viewed by market as disappointing... That said, Briefing.com expects stock to rebound quickly as growth rate still way above market and industry rates. Sleep well Gramps

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