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

To: kemble s. matter who wrote (153721)	2/11/2000 2:35:00 PM
From: calgal	Read Replies (1) \| Respond to of 176387

Hi Kemble! From Art Russell at Edward Jones..." Investors have misunderstood what is happening with the company." I am staying the course! :)Leigh RESEARCH ALERT-PaineWebber on Dell NEW YORK, Feb 11 (Reuters) - PaineWebber said on Friday analyst Don Young raised his estimates for Dell Computer Corp. a day after the company's quarterly earnings report but lowered his price target for the personal-computer maker. -- raised EPS estimate for 2001 to $0.93 from $0.91. -- cut price target to $50 from $60 a share. -- On Thursday, the world's No. 2 personal computer maker said earnings were in line with expectations, but those expectations had been lowered ahead of the report when the company warned in January of a shortfall. It was Dell's second warning in two quarters. -- Shares of Dell were off 51/64 at 38 in heavy trading, with the stock the most active on the Nasdaq. -- PaineWebber has rated the stock as attractive since January 5. ----------------------------------------------------------- RESEARCH ALERT- Outperform on Dell kept CHICAGO, Feb 11 (Reuters) - ABN AMRO on Friday said it reiterated its outperform rating on Dell Computer Corp., a day after the world's No. 2 personal computer maker said fourth quarter net profits grew only 3 percent to $436 million. -- ABN AMRO also kept its 2001 earnings estimate of 97 cents a share. -- "We are reiterating our outperform and leaving our forecasts essentially unchanged until post Y2K corporate PC buying intentions become clearer," analyst Jonathan Ross said in a research report. -- He also noted that recent drops in prices for liquid crystal displays, which are used in making notebook computers, could add more than 5 cents to fiscal year 2001 EPS. ----------------------------------------------------------- RESEARCH ALERT-Strong Buy on Dell re-emphasized NEW YORK, Feb 11 (Reuters) - Credit Suisse First Boston said on Friday it re-emphasized its strong buy rating on Dell Computer Corp. (NASDAQ: DELL) -- On Thursday, Dell, the world's No. 2 personal computer maker, reported fourth quarter net profits that grew only 3 percent to $436 million, in line with previously lowered expectations. -- CSFB left its fiscal 2001 EPS estimate at $0.90 but said, "Better momentum, Windows 2000, and strong enterprise penetration could drive upside." -- "Gross margin of 19.2% should improve as component constraints appear to have eased." -- Dell's shares dipped to 38-3/8 in pre-opening trade on Friday morning, down from its Thursday close of 38-51/64. ------------------------------------------------------------ ON24 Audio Investor Alert: Dell Profits Up 3% Business Editors & Analysts --(BUSINESS WIRE)-- Dell Computer's net profits grew three percent to $436 million, meeting analyst's previously reduced expectations. Dan Niles, senior electronics analyst with Robertson Stevens, talked to ON24 about Dell's earnings report. For the complete streaming audio story, users should access on24.com. Ticker: (Nasdaq: DELL) Company: Dell Computer Corporation To personalize your free audio/video investor alerts, visit on24.com. To view other online streaming audio and video investor releases, visit on24.com. ----------------------------------------------------------- 207.235.5.146 Art Russell, Edward Jones, On DELL Revenues grew 31%, $.15 per share, in line with expectations. Parts shortage and Y2K behind lower numbers. He recommends investors buy it now if they don't already own it. He has upgraded it from buy to strong buy. Adverse impacts of parts and Y2K are one-time occurrences. Law of large numbers has caught up with them; company will continue to grow, but more slowly. Their Internet business, if broken out, is large enough for Fortune 125 company. Goal is to expand internationally, break away from PC market. This industry is consolidating; market share of biggest companies is increasing. They have many opportunities to expand it going forward. He sees it getting back to $55-$60 in next 12-18 months. Investors have misunderstood what is happening with the company. Now it's hard for them to meet everyone's expectations. Management wants to retain credibility by lowering the bar, managing Wall Street's expectations. Doesn't represent deterioration of business opportunity ---------------------------------------------------------- host.cnbc.com DELL COMPUTER CORP (NNM:DELL) Analyst Opinions Strong Buy 13 Buy 18 Hold 5 Sell 0 Strong Sell 0 Average Recommendation This Week 1.7