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


To: Dorine Essey who wrote (148646)12/7/1999 9:04:00 AM
From: TechMkt  Read Replies (1) | Respond to of 176387
 
The rocket is lit.

Fez
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Tuesday December 7, 8:57 am Eastern Time

RESEARCH ALERT - CIBC ups Dell to buy from hold

NEW YORK, Dec 7 (Reuters) - CIBC Oppenheimer analyst Jim Berlino on Tuesday said he upgraded computer maker Dell Computer Corp. (NasdaqNM:DELL - news) to buy from hold Monday afternoon.

-- The analyst said he was becoming selectively optimistic on computer hardware makers, especially Dell, heading into the new year, although he cautioned that sluggishness tied to Year 2000 repair could still bite the stocks near-term.

-- ``Once you get over Y2K, in the first half the PC server and storage businesses will really start to kick in,' Berlino said.

-- He said he set a 12-month price target of $55.

-- Berlino replaced former computer hardware analyst Jim Poyner in October. The new analyst said he is now reconsidering the uniformly neutral positions Poyner held on the hardware makers he covered.