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

To: Sig who wrote (154873)	3/11/2000 12:51:00 AM
From: calgal	Respond to of 176387

Hi Sig! Your analogy is great! Here is more info from Smart Money. The analyst's in question finally smelled the Starbucks! :)Leigh smartmoney.com Like Bullish Outlook For Dell, Shares Touch 52-Week High March 10, 2000 1:27 PM NEW YORK -(Dow Jones)- Dell Computer Corp. shares set a 52-week high Friday on analysts' bullish comments that the No. 1 direct seller of personal computers will be a category leader in Internet computing. Dell (DELL) shares gained 7.5% Thursday to close at $50.438 following positive comments from a Merrill Lynch analyst. Friday, the stock reached $54.031, passing the previous watermark of $53.969 set Dec. 23. PaineWebber analyst Don Young upgraded his recommendation on the Round Rock, Texas, company Friday to "buy" from "attractive" and raised his 12-month price target on the stock to $78 a share from $50, CNBC reported. "We expect Dell to be one of the big winners from what we are calling the 'draining of the server,' or the shift from proprietary servers to industry standard servers," Young said. "We believe Dell is currently the low-cost provider of industry standard servers and storage and will likely emerge as the category leader." Last month Dell announced plans to become a so-called application service provider, renting out software hosted on computer servers in data centers. Moving toward that goal, the company said it was launching a Web-site hosting service in partnership with Interliant Inc. (INIT), an Internet-services company in which Dell recently invested. Dell also has started aggressively pushing its hardware on Internet-service providers and Web-hosting companies through a new sales and marketing division. (Compiled from Dow Jones Newswires and other sources) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved