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

To: edamo who wrote (163481)	12/29/2000 12:32:53 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 176388

from briefing.com: IBM (IBM) 85 1/4 +9/16: Prudential lowered its Q4 revenue estimate to $24.5 bln from $25.3 bln, citing expected weakness in the company’s PC, HDD and s/w businesses... PC business will likely be closer to flat sequentially versus Prudential's original estimate for 13% growth... Expects this will result in a $550 mln revenue shortfall... Separately, Wit SoundView reiterated its STRONG BUY rating and price target of $140... After recent checks on IBM's fourth quarter progress, firm reported that they find a number of areas performing well and they are becoming more comfortable that the company will not only meet earnings estimates, it should come in close to consensus revenues of around $25 billion... Believes stock is currently oversold and that by meeting consensus estimates it will exceed expectations, thereby providing a positive catalyst for the stock WitSoundView stated the same earlier regarding Dell. Someone is right, someone is wrong.