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

To: Frank Ellis Morris who wrote (138987)	8/12/1999 12:12:00 PM
From: Dorine Essey	Read Replies (4) \| Respond to of 176387

Frank Looks to me that Fortuna is trying to make a name for himself. Dorine Thursday August 12, 10:52 am Eastern Time CORRECTED - RESEARCH ALERT-Merrill starts PC makers -- In a research note, Fortuna also said he assumed coverage from Merrill analyst Steve Milunovich of Dell Computer Corp. (Nasdaq:DELL - news) with a neutral rating, a downgrade from the prior accumulate rating. - For Dell, the Merrill analyst said he was cautious on the stock intermediate term, but gave the stock a buy rating for the long-term. -- ``Despite Dell's rich opportunity set and superior positioning, we believe the stock's valuation could fall victim to the difficult times that lie ahead for the industry,' he said. -- He set earnings estimates for Dell of $0.75 per share for the fiscal year ending in January 2000 and $0.95 per share for fiscal 2001. The previous Dell First Call consensus for fiscal 2000 was $0.72 per share and $0.98 for fiscal 2001.