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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST
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To: GRANOLA who wrote (126736)5/19/1999 10:58:00 AM
From: Alohal  Read Replies (3) of 176387
 
ALL: Looks like Dell management is at least trying some damage control. Just saw Kevin Rollins interviewed on Bloomberg TV (it's all we get here on the Big Island-no CNBC yet!. He was (as expected) very upbeat. Here is a brief summary:

1. Revs up 47%; unit sales up 52%; EPS up 42%

2. Emphasized internet as the key component in Dell strategy, said goal was 50% and beyond, and Dell on target to get there

3. Business momentum very healthy: win rate now 60-65%

4. PC industry growing 16-17% which they consider very healthy

5. ASP's, component prices have stabilized and they expect ASP's to stabilize along historical lines

6. When asked about MD's insider sales he said just a part of healthy diversification in light of two splits last year ad added " We, all of management, are still very invested in Dell's future success.

Aloha
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