SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Yaacov who wrote (159874)8/21/2000 9:45:01 AM
From: D.J.Smyth  Read Replies (1) | Respond to of 176387
 
Engemann and Associates, an vary large WRAP fund (comparative - professional manager for mutuals, institutions and high net worth individuals) bought into Dell just prior to earnings in the $41 range. This would represent his fund's first purchase of Dell (ever). They sold TXN to buy Dell (interesting transfer). They've been adding in the $30s now. They do extensive research before they purchase any stock. I believe this shows a vote of confidence in Dell's model



To: Yaacov who wrote (159874)8/21/2000 11:57:12 AM
From: calgal  Read Replies (1) | Respond to of 176387
 
Twilight zone at Dell

Dell Computer Corp. and its investors must have been feeling like they were caught in the twilight zone last week.

Dell's stock got hammered in the wake of reporting second-quarter revenue that was weaker than expected, and on Friday closed only $5.63 higher than did Compaq Computer Corp.

It's the closest the two stocks have come since March 23, 1999, when Dell was at $35.69 and Compaq was at $30.63.

Also last week, Hewlett-Packard Co. announced a stock split, which used to be an annual rite for Dell. Since its last split in March 1999, Dell's stock is down 3.8 percent, while H-P's stock is up 112 percent.

Who would have predicted that?

austin360.com