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

To: Boplicity who wrote (143488)	10/1/1999 8:52:00 AM
From: GVTucker	Respond to of 176387

A summary of Niles' downgrade: "We believe that the recent supply issues caused by the Taiwan earthquake and Camino delay will result in revenue growth being less than expected.... As a result, we are lowering revenue growth estimate from 12% to 9% q/q for Q3 and from 11% to 9% for Q4. "We also believe margins are under tremendous pressure given the price premiums being paid. 64 Megs of DRAM alone cost about $40 more today versus three months ago, of you can get them.... We are now modeling a 100 bps gross margin decline over the next two quarters versus 50bps. "We are lowering our EPS estimate from $0.77 to $0.74 for CY99 but maintaining our CY00 revenue estimate and EPS estimate of $1.04. We believe more details will be available at the Dell analyst meeting on October 7. We hope that is the extent of the damage.

To: Boplicity who wrote (143488)	10/1/1999 8:53:00 AM
From: KM	Read Replies (2) \| Respond to of 176387

Offered at 39 3/4 in the premarket. Greg, what do you think? Is this BS or for real? I would not mind buying some Dell as a longer term thing.

To: Boplicity who wrote (143488)	10/1/1999 9:41:00 AM
From: Venkie	Read Replies (1) \| Respond to of 176387

Glad I unloaded some at 49 plus....I will sit back for a while......I WANT OUT OF ATHM...JUST A LITTLE MORE UPSIDE AND ITS BYE BYE...WILL WAIT TO BUY ANYTHING.....

To: Boplicity who wrote (143488)	10/1/1999 9:52:00 AM
From: D.J.Smyth	Read Replies (2) \| Respond to of 176387

I think someone has fed Niles bad data to discredit him. Either that or he made it up on his own. Dell sales are moving rapidly ahead worldwide relative to IDC, Dataquest and every other channel you can think of. Dram prices are still 1/2 what they were last year and the average computer price isn't near one half relative to Dell's changing mix. Dell is the world's largest internet retailer. shortages are being adequately addressed. on and on. None of this obviously matters to him; so obviously he's being fed bad data. All I can think of it's being done purposefully. Niles entire negative picture is comprised of shortages, increased dram pricing, and Taiwan. I'm surprised he doesn't mention the Giga report!