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

To: Gabriel008 who wrote (158697)	7/22/2000 12:17:36 AM
From: Mike Van Winkle	Read Replies (2) \| Respond to of 176387

Gabriel, thanks re: investment income. At one time I had that detail straight, but this July 10 article re-confused me<G> How is Fortuna's 7.9B sales forecast compare with your thoughts (I am not sure what the article means now). yahoo.cnet.com "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." Best, Mike

To: Gabriel008 who wrote (158697)	7/24/2000 8:29:13 AM
From: GVTucker	Read Replies (2) \| Respond to of 176387

Gabriel, RE: Mike, investment gains or losses are never included in the income statement. They go directly to the Equity section of the balance sheet. Actually, realized investment gains and losses are indeed included on the income statement. OTOH, unrealized gains are reflected only on the balance sheet. That is why looking only at the income statement effect of the investment portfolio yields only a partial view of the investment portfolio (as does a sole look to the balance sheet). For example, it was widely publicized that Intel recorded a large investment gain last quarter. Of course, this gain was really earned primarily last year. It was only realized in the last quarter. What was not widely reported was that Intel didn't make any money at all in its investment portfolio last quarter; the unrealized losses offset the reported gain.