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

To: Frank Ellis Morris who wrote (147421)	11/14/1999 10:24:00 AM
From: LENNY PADRON	Read Replies (3) \| Respond to of 176387

Hi Frank, check this from Red Herring Daniel Niles BancBoston Robertson Stephens 415/693-3241 NASDAQ: DELL UPGRADED TO BUY. Based on the strength of Dell's second-quarter 2000 results, we are upgrading our rating of the stock from Long-Term Attractive to Buy. The company's second-quarter earnings per share of $0.19 exceeded the consensus estimate of $0.17 due to increased revenue growth (42 percent compared with last quarter's 41 percent), unit growth (55 percent compared with 52 percent), gross margins (22 percent versus 21.5 percent), and operating margins (11.3 percent versus 10.8 percent). Dell's second-quarter 2000 revenues for desktop PCs increased 26 percent from the same quarter of the previous year; its enterprise revenue from servers, workstations, and storage rose 85 percent; and its notebook PC revenue was up 49 percent despite shortages of LCDs. We think that Dell's increased sales of higher-margin products is an important factor in driving profitability improvements, and we expect the company to keep selling such products in the future. And compared with vendors of larger systems, Dell faces a lower risk of Y2K problems because only 16 percent of its total revenues are enterprise related, and opportunities in the consumer, small-office, and European markets will further help offset the risk. We are raising our fiscal 2000 earnings-per-share estimate from $0.70 to $0.77 and our fiscal 2001 estimate from $0.89 to $1.04. We expect the stock to soon regain its February high of $55. redherring.com

To: Frank Ellis Morris who wrote (147421)	11/14/1999 10:42:00 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 176387

>>>It is possible that the only reason why Dell fell a little on Friday was in sympathy to that damn Merrill Lynch's downgrade of Intel<<< or perhaps it fell because a number of analysts cut Dell's earnings estimates and Kim Alexy replaced DELL with GTW on Pru's recommended list. GTW was up 5+, so it didn't seem to be affected by the INTC downgrade. El

To: Frank Ellis Morris who wrote (147421)	11/14/1999 12:18:00 PM
From: stock bull	Respond to of 176387

Frank, re:<<It is possible that the only reason why Dell fell a little on Friday was in sympathy to that damn Merrill Lynch's downgrade of Intel.>> What connection do you see between the Intel downgrade and Dell? Not sure I understand. Intel's downgrade was made on specific "problems" that Intel is facing. Stock Bull