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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: arthur pritchard who wrote (126778)5/19/1999 11:59:00 AM
From: Dorine Essey  Read Replies (1) of 176387
 
Dell, the most active stock, fell 4 13/16 to 39 1/4. The
world's biggest direct seller of personal computers reported
fiscal first-quarter earnings of 16 cents a share after the
market's close yesterday. While that matched analysts' estimates,
some analysts had predicted Dell would rebound from last
quarter's slowdown in sales growth with earnings as high as 18
cents a share.
''Dell's revenue was a little bit light compared to
expectations,'' said Jacques Marmillod, the head of U.S. equity
research at Picet & Cie. in Geneva. ''We prefer to see companies
beating estimates.''

Dell, which had been the top performer in the S&P 500 for
three years running, has dropped 28 percent since a high Feb. 2.
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