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


To: Selectric II who wrote (164128)2/16/2001 11:08:33 AM
From: brian z  Read Replies (1) | Respond to of 176387
 
M. Dell has been a big bragger. Did you ever heard of him talking about problems? This IS the real problem.

For a company that always bragged about business going forward, DELL is now faced with life in the real world as competitors are starting to catch up.

DELL is and will be in trouble until M. Dell get real or get out.



To: Selectric II who wrote (164128)2/16/2001 12:38:07 PM
From: rudedog  Respond to of 176387
 
Well, that's not how the press saw it. Lots of others including many on this thread saw it as a denial.

I think that at best the PR around this was seriously mishandled. I don't know what they were thinking. It was a bad move to have Michael Dell comment on this, or to let the many press stories about "DELL denies layoffs" get started.

from biz.yahoo.com

Dell: Layoffs Are Rumors
By CONNIE MABIN
Associated Press Writer
AUSTIN (AP) -- As rumors of layoffs intensify, executives at Dell Computer Corp. spent Friday trying to swat down reports of impending job cuts at the nation's leading seller of personal computers.

and also:
Dell says cuts temp workers in typical quarterly move.
Thu Feb 08 20:55:00 EST 2001 SAN FRANCISCO, Feb 8 (Reuters) - Dell Computer Corp.has cut back its temporary
work force in a move typical early in fiscal quarters, a spokesman said on Thursday."What are you seeing is routine comings and goings of temporary workers in Dell," said Mike
Maher, spokesman for the Round Rock, Texas-based personal computer maker.
Dell typically increased its temporary workers toward the end of fiscal quarters and cut back at the beginning of the following quarters, he said, declining to give any figures. Dell's fiscal fourth quarter ended on Feb. 2. He also declined to comment on speculation that Dell would follow other major technology hardware companies, such as Hewlett-Packard Co. and make layoffs."There has been no announcement on reductions. I wouldn't comment on such a rumor or any speculation that is out there."