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

To: Ian@SI who wrote (136038)	7/9/1999 3:03:00 PM
From: GVTucker	Read Replies (3) \| Respond to of 176388

Ian, RE: Still think that GS unloaded all 4M shares before upgrading Dell? Well, since Goldman hasn't upgraded DELL, I'd pretty much guarantee that now. Or do you still want us to believe that all upgrades / downgrades are based solely on the stocks fundamentals and the altruistic motivation of the analysts to freely share their research with anyone who'll listen? Most upgrades and downgrades are indeed solely based upon a stock's fundamentals, although not all of them are. I don't believe I ever said that. And I know I never said that analysts publish their research out of an alturistic motivation. They're out for themselves, just like everyone else on Wall St. It's just that it is in their best interest in most circumstances to actually give their honest opinion about a stock. Honest.

To: Ian@SI who wrote (136038)	7/9/1999 3:25:00 PM
From: Glenda King	Respond to of 176388

RE: in a pigs ear AMEN, brother glenda king

To: Ian@SI who wrote (136038)	7/9/1999 3:38:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176388

Dell Computer Rises as Some Optimism for PC Business Returns <<Round Rock, Texas, July 9 (Bloomberg) -- Dell Computer Corp. shares rose as much as 6.1 percent amid optimism that the No. 1 direct seller of personal computers will prosper even as prices fall and more PC companies offer machines for free. Dell rose 2 1/4 to 42 3/16 in midafternoon trading of 34.6 million shares, making it the most active stock in U.S. markets. Earlier, it touched 42 3/8, the highest since May 18, when Round Rock, Texas-based Dell reported fiscal first-quarter results that disappointed many investors. Since then, analysts have been concerned about whether Dell will be able to keep up growth rates of close to 50 percent as PC prices fall to less than $500. Now, forecasts of strong PC demand and speculation that Dell will continue taking sales from its competitors have revived the company's stock. ''Dell is still tearing up the track,'' said Lou Mazzucchelli, an analyst at Gerard Klauer Mattison & Co., who rates Dell ''buy.'' ''The stock has been under-loved.'' In the first fiscal quarter, Dell's sales increased 41 percent, less than the year-earlier increase of 51 percent and slower than the 54 percent growth rate Dell averaged in the previous eight quarters. In the wake of that report, Dell shares fell as low as 31 3/8 on June 2. A week later, market-research firm International Data Corp. said global shipments of personal computers were expected to rise 21.3 percent in the second quarter from a year earlier, up from an earlier forecast for 16.5 percent growth. Moreover, Dell may dodge much of the price cutting because it caters to businesses and more sophisticated consumers, avoiding the entry-level market, where the competition is most intense. Dell's least expensive computer sells for $899, compared with $500 for upstart emachines Inc. Others are giving machines away when customers sign up for Internet service. Jul/09/1999 14:11 (C) Copyright 1999 Bloomberg L.P. >>