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

To: TwoToTango who wrote (139919)	8/19/1999 12:37:00 AM
From: joseph w renfrow	Respond to of 176387

* Warburg Dillon Read analyst Charlie Wolf said he raised his rating on DELL COMPUTER to buy from hold. Hambrecht & Quist analyst Walter Winnitzki raised his rating on Dell to buy from market perform. Deutsche Banc Alex. Brown raised its rating on Dell to strong buy from buy. BancBoston analyst Daniel Niles raised his rating on Dell to buy from long-term attractive. Morgan Stanley Dean Witter said it raised the price target on Dell to $55 from $50. The rating remained outperform. ABN AMRO raised its estimate for fiscal 2000 earnings per share to $0.73 from $0.70. The rating remained hold. Credit Suisse First Boston analyst Michael Kwatinetz reiterated his strong buy rating for Dell shares. (Reuters 09:43 AM ET 08/18/99) For the full text story, see infobeat.com * DELL COMPUTER's chief financial officer, Thomas Meredith, doesn't fear rival Hewlett-Packard Co.'s battle plan to cut computer prices. "Hewlett-Packard and the other large indirect vendors continue essentially to be in and out of aggressive price posturing," Meredith said during a CNBC interview. "But invariably it's a result of their having to respond to Dell's low cost model." Meredith played up the company's move onto the Internet, where monthly sales jumped from $18 mln to about $30 mln in the 2Q, despite similar strategies by International Business Machines Corp, H-P and others. (Dow Jones) * The Chicago Board Options Exchange, breaking a longstanding gentleman's agreement among the four options exchange, is planning on Monday to start trading DELL COMPUTER, the marquee listing of the struggling Philadelphia Stock Exchange. This marks the first shot in a listings war that is expected to ensue between the CBOE, American Stock Exchange, Pacific Exchange and Philadelphia Stock Exchange Until now, the exchanges have avoided fighting each other for listings. They have let each other exclusively make markets in certain blue-chip options contracts, such as Dell, Intel and International Business Machines. (Dow Jones)