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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: U Up U Down who wrote (38716)	10/5/2000 6:09:21 AM
From: LastShadow	Read Replies (1) \| Respond to of 43080

Dell warns on revenues AUSTIN, Texas (AP) - Dell Computer Corp. warned Wednesday that sluggish sales in Europe and among small-business customers worldwide will drag the company's third-quarter revenues down about 3 percent below expectations. Round Rock, Texas-based computer maker said it remains on track to meet profit expectations for the third quarter but that fourth-quarter per-share earnings could be 1 to 2 cents below company targets if the soft sales continue into the fourth quarter. Analysts surveyed by First Call/Thomson Financial had expected Dell to earn 25 cents per share in the third quarter and 28 cents per share in the fourth quarter. The computer maker said its full-year revenue could hit $32 billion, up 27% from a year ago but below the company's previous forecast of 30% growth. ...and you shall hear the wailing and lamentation throughout the land...