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


To: mepci who wrote (158425)7/11/2000 12:20:05 AM
From: Mike Van Winkle  Read Replies (1) | Respond to of 176387
 
mepci, Steve Fortuna is expecting .21/sh excluding investment gains. Seems quite bullish and not good for a "steady Eddie" movement for Dell. Any thoughts?

From the article:
"Dell would appear ready to top estimates, despite recent concerns about component shortages continuing to drag on profits.

"We believe that Dell is experiencing strong demand in the U.S. corporate market in the July quarter, especially on the server side," Fortuna said. Dell also is expected to post strong education sales, particularly selling notebooks and PCs equipped with wireless networking, where it competes with Apple.

Fortuna forecast $7.9 billion in sales, up 29 percent year over year, and about $100 million ahead of other estimates. The earnings per share (EPS) estimate is about 21 cents, without factoring investment gains. Any major gains are expected in gross margins rather than top-line results."

yahoo.cnet.com