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


To: calgal who wrote (150928)1/10/2000 3:34:00 PM
From: stock bull  Read Replies (1) | Respond to of 176387
 
Leigh, re:<<Dell, but I would like to see Dell's stock price from declining, without a reason.>> Leigh, if the price is declining, there is a reason. The did not trade over 32 million shares without someone believing there is a good reason to sell. Especially on a day when the nas is up 180 points. I follows a large number of tech stocks, and Dell is one of the two or three stocks that are down today.

IMO, there is a reason for all this selling. :(

Larry

PS: Here's the news from CNBC. Dan Niles says he expects Dell to preannounce just after this quarter ends. I believe Niles said that Dell is behind on revenue and margins.



To: calgal who wrote (150928)1/10/2000 4:32:00 PM
From: GVTucker  Read Replies (2) | Respond to of 176387
 
Leigh, RE: Merrill and DELL

There was no conference call with DELL management. The Merrill analyst (Fortuna) placed a call to DELL management on Friday and relayed to everyone the content of the call.

Here is the entire contents of Fortuna's note to clients:

"There has been some speculation today that Dell could perhaps be about to preannounce a Q4 earnings miss.

"We have just spoken with Dell management however and can confirm that no such preannouncement is pending.

"We remain concerned about Q4, but much in our view will depend on the state of sales in the month, which in all likelihood will not be known by the company until at least the second half of the month."

That's it.