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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (133024)	6/16/1999 2:51:00 PM
From: edamo	Read Replies (2) \| Respond to of 176387

greg..re: "no wonder ibm has gone after this business" same reason cpq bought dec....same for hwp...no need to worry about losing the pc war, when you have a high margin component(s) in your revenue stream...believe dell contracts out to wang and unisys for services, can only go so far this way, for they must mark up any contract service they offer...more profit to the account of the contractor then dell...

To: Boplicity who wrote (133024)	6/16/1999 3:05:00 PM
From: Jill	Read Replies (1) \| Respond to of 176387

DELL shares up after profit view cut CIBC's Poyner, Berlino keep 'hold' rating on shares By Janet Haney, CBS MarketWatch Last Update: 2:40 PM ET Jun 16, 1999 Tech Report Silicon Stocks ROUND ROCK, Texas (CBS.MW) -- Shares of Dell Computer shrugged off an earnings outlook cut from CIBC World Markets to gain 3 percent Wednesday afternoon. Analysts James Poyner and James Berlino lowered their 2001 earnings per share estimates to 95 cents a share from $1 a share. The analysts maintained a "hold" rating on the company. Round Rock, Texas-based Dell (DELL: news, msgs) shares rose 15/16 to 35 9/16. The revised EPS number is now below the First Call Corp. estimate of 98 cents a share. Poyner and Berlino wrote that the reduction "results from growing participation in the lower-price end of the desktop market." The analysts lowered their average selling price assumption for the fourth quarter and fiscal 2001 which resulted in, "trimming our estimate for next year about 5 cents on lower revenue of $31.2 billion from an earlier $31.6 billion." "Ultimately, Dell faces some changes to its business approach in the sub-$1,000 arena (See Tuesday's Hardware Report), in our opinion; and needs to bolster its service offerings, something it is attempting to do now, though the company continues to have heavy reliance on third parties," the analysts added.