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

To: rudedog who wrote (162981)	11/30/2000 9:50:39 PM
From: A.L. Reagan	Respond to of 176387

A small positive glimmer in PC-land is that when MUEI warned tonight it didn't go down in AH. (It went down plenty today in regular after GTW). But when the same recycled bad news ceases to push stocks lower, that's a decent sign that the risks are in the price and there may be a bottoming out. Admittedly, MUEI tonight is a very limited data point.

To: rudedog who wrote (162981)	12/1/2000 4:32:05 AM
From: stockman_scott	Respond to of 176387

Posted at 8:14 p.m. PST Thursday, Nov. 30, 2000 Research firm IDC to lower 2000 U.S. PC sales forecast SAN FRANCISCO (Reuters) - Computer research company International Data Corp. (IDC) is preparing to cut its widely watched forecasts for personal computer sales this year because of the slow start to holiday buying season, company analysts said Thursday. IDC's revised forecasts, to be issued Monday, will reflect the sudden and unexpected slump in U.S. household consumer purchases taking hold in the fourth quarter, analysts said. ``The previous U.S. forecast for all PCs is in the mid- to high teens for the year. This will be substantially below that. There's an issue as to whether it'll even be double-digit,'' Roger Kay, an IDC analyst, told Reuters. ``Retail's been pushing back for a month now. Inventory's been building up. I think you're gonna see some pretty serious price wars,'' he said. Announcements by computer makers Gateway Inc. and Hewlett-Packard Co. in the last two days have intensified fears that computer sales are heading into a broader slump. Loren Loverde, director of IDC's worldwide PC tracker program, laid the blame on consumers who, he said, have no incentive to upgrade existing computers. ``We had expected a fourth-quarter uptick, but the softness in that segment of the market based on some vendor results right now is a little bit unexpected.'' Stephen Baker, an analyst at PC Data Inc., which focuses on consumer sales, said retail spending on personal computers might not grow at all in 2000. ``It is probably going to be about flat with last year with PC retail sales. I think everybody had been looking in the 15 percent (growth) range,'' he told Reuters. Industry analysts had been looking for a particularly strong fourth quarter this year, because of a relatively weak result in 1999, when rebates from Internet providers had drawn sales earlier in the year. ``This is a big surprise,'' said Baker. ``People thought given what we had seen last year, that this year there were some real opportunities for Christmas,'' he said. The silver lining is that the consumer electronics industry as a whole is still doing relatively well because of strong, and partially offsetting, sales of digital cameras, CD-ROM drives and other computer accessories. One indication of that trend: October retail sales for the industry as a whole were up 12.2 percent compared with a year earlier to around $3 billion. But excluding desktop PCs, sales grew a faster 16.3 pct to $2.35 billion, he said. ``I don't think that this is a PC products industry issue. It is a PC issue. People are still spending money,'' Baker said.

To: rudedog who wrote (162981)	12/1/2000 7:47:41 AM
From: edamo	Read Replies (1) \| Respond to of 176387

bob....at these levels, the bottom is much closer then the top....the question is how will dell the stock be perceived as the market becomes a bit brighter....yesterday, cpq price action was the best of the bunch...it may become the sector leader share price wise....we discussed this over a year ago, that cpq was positioned as a turn around candidate.... dell and it's management blew it in q299, by not defending the "pc is dead" comments....would have been easier to tell the street then, about the future of dell, beyond the pc.... msd lost focus of dell the stock, although many on these boards chanted "it's not the responsibility of a ceo to support the stock"..... look at cpq.....it has rallied from earlier lows, trended up to set a decent yearly high, and has come back in sympathy near its previous lows.....dell has just been trending downward without any upward strength... tech has been battered, tremendous value out there....dell has value based on the current knowns...but the street is concerned about the unknowns....price wars are not good methods to maintain or grow market...it is only used in commodity mentality marketing.... i stand behind my comment on dell china, inspite of d.j. smyth comments about "prostitutes"....first hand i know of dischord in the dell china management team....those that will bail when their contracts are over, due to corporate unreasonableness and lack of local knowledge of china market.... good luck...days like yesterday, take your car out and drive....always gives me a bit of solace!!!! take care ed a.