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


To: calgal who wrote (162835)11/20/2000 5:23:08 PM
From: kaka  Read Replies (1) | Respond to of 176387
 
Evening Westmoreland

Re: Although Dell Computer made its name in desktop PCs for the corporate market, the company has steadily expanded its reach into storage, servers and, most recently, services--areas often highly associated with complex research and development.

Must all be untrue. Dell is first and foremost a consumer PC player. Some nitwit at Wit Soundview calls some pc stores across the country, finds weak demand and downgrades Dell and Apple based on those close to the consumer space. Dell, the king of the indirect, store purchased consumer PC. Idiots.

NEW YORK, Nov 20 (Reuters) - Stocks of personal computer makers fell on Monday after Wit Soundview cut its ratings on Dell Computer Corp. <DELL.O>, Gateway Inc. <GTW.N> and Apple Computer Inc. <AAPL.O> and on chip maker Intel Corp. <INTC.O>. Analyst Mark Specker said the downgrades were based on weak demand uncovered in calls to dozens of computer stores across the country.

"Most of those who are closest to the consumer right now said (PC sales) were running at least 10 percent below their expectations," he said. "That caused us to pull our ratings on Dell and Apple.