Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: manny t who wrote (64094)	10/1/1999 9:03:00 AM
From: Teri Garner	Read Replies (1) \| Respond to of 120523

Dan Niles downgrades DELL: "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: manny t who wrote (64094)	10/1/1999 9:04:00 AM
From: ayahuasca	Read Replies (1) \| Respond to of 120523

I believe the Oppenheimer price target on NITE is 98. Should be a good runner in the intermediate term.

To: manny t who wrote (64094)	10/1/1999 9:22:00 AM
From: vestor	Read Replies (1) \| Respond to of 120523

On NITE I heard their price target is $98. Wouldyou know in what time frame? They reley heavely on market trading volume and I heard the volume surge at the end of Sept. may result in the beating qtrly expectattions again plus the Merrill deal taking effect this month alone add .06 to earnings per share. I also understand that handling trades for Ameritrade begins this month as well. I strongly agree with the strong buy rating and think that volume will surge toward year end further still and the first qtr. of 2000 will be very strong. Could you add anything else to my research? I am aware of the insider selling of the recent past but it seems that that was a matter of selling of lock-up shares and the selling has subsided. I don't give credance to the buyout rumor that Merrill is looking to buy NITE. That rumor has been around for a long time. The only thing that makes you wonder about it is that when Merrill was asked they said 'no comment' and I have seen them come out and say 'there are no talks going on'. An Estimate I have is that on a take-out $100. a share is a fair price. Your thoughts?