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Technology Stocks : Dell Technologies Inc.
DELL 134.22-1.3%3:24 PM EST
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To: jim kelley who wrote (130100)6/1/1999 3:00:00 PM
From: GVTucker  Read Replies (1) of 176387
 
jim, RE: But I believe that you are incorrect. ZACK's had DELL's growth rate declining as long as a year ago. Also, some of the analysts forecasts as well as the MD himself have set the growth expectations for DELL to the current levels.

So if Wall Street was expecting constant growth it must not be reading its own reports on DELL.

Actually, they don't. For much of the past year, analysts have been telling the buy side peers that their numbers for earnings and growth for 99 and out were low, and that they would probably need to adjust them as time went by. So the market was discounting what the analysts were saying, rather than what they were reporting to Zack's. Thus, when Dell reports numbers in line with the published estimates, the buy side is disappointed.
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