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


To: jmac who wrote (147025)11/11/1999 4:49:00 PM
From: Bob D  Read Replies (1) | Respond to of 176387
 
DELL buys back 15 million shares during the quarter.

11 Nov 16:39

Dell Computer Corp. (DELL) said third quarter results were hurt by
higher-than-expected cost increases late in the quarter for random-access memory
used in its products.

Dell's worldwide third quarter product shipments rose 59% from last year's
levels. European revenue rose 22% from last year.

Cash from operations for the quarter was $1.1 billion, part of which was used
to repurchase 15 million shares.

Sales from Dell's Web site rose to $35 million a day by the end of the
quarter.



To: jmac who wrote (147025)11/11/1999 4:53:00 PM
From: JRI  Read Replies (1) | Respond to of 176387
 
We are seeing the difference between a bear (fearful) market (month/two months ago) and a bull market....

In the current atmosphere, I agree that a strong forward (no more Taiwan problems, strong demand, etc.) should help the stock tomorrow...and we could see a 1-1 1/2 pt. move up...but no rocket fuel...

19/20 cents and 6.9 revs would have gotten us a 3/4 pt. pop....How sweet that COULD have been....

Let's see how the analysts spin it....Kumar on tomorrow at 7:40 AM...