Rich, add this to your list:
Dell Computer Corp (DELL)
May 19, 1999 10:09 ET
RESEARCH ALERT - Dell reiterated
NEW YORK, May 19 (Reuters) - Several Wall Street analysts
reiterated investment ratings on Dell Computer Corp. on
Wednesday, a day after the direct seller of computers reported
first-quarter earnings in line with the First Call consensus
analyst estimate.
-- USBancorp Piper Jaffrey analyst Ashok Kumar repeated a
buy rating, but lowered fiscal 2000 and 2001 earnings
estimates, "based on a tougher pricing and demand environment."
New 2000 estimate is $0.69 a share, down from $0.76; 2001 view
is $0.93, down from $1.
-- CS First Boston analyst Michael Kwatinetz reiterated a
strong buy rating, and raised fiscal 2000 estimate to $0.73.
Previous estimate was not immediately available.
-- BancBoston Robertson Stephens analyst Daniel Niles
reiterated a market performer rating, and left unchanged his
earnings estimates of $0.70 for 2000, and $0.90 for 2001.
-- Said Dell "is still the best PC company in the world,
but the multiple is too high, given the slowing growth,
declining margins, and lack of technology differentiation."
-- Shares fell 4 to 40-1/16 in early heavy trading on
Nasdaq.
Stock Bull |
