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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Shoibal Datta who wrote (45054)	4/4/2001 6:10:39 PM
From: Shoibal Datta	Respond to of 70976

Dell Stands by Quarterly Targets NEW YORK (Reuters) - Dell Computer Corp. (NasdaqNM:DELL - news) said on Wednesday it was maintaining its forecast for its first fiscal quarter, which ends in about a month, but would not comment on the remainder of the year due to economic and industry uncertainty. Dell said in a statement ahead of an analyst meeting in New York on Thursday that its low operating costs and the way it does business, a reference in part to its direct sales model, continued to let it perform well despite the overall slowdown in the computer sector. The company reaffirmed quarterly targets of about $8 billion in revenue and 17 cents in per-share earnings, which is in line with Wall Street expectations. Dell said global economic and industry uncertainty stopped it from commenting on the full year. ``Current softness in industry demand and profit margins is not a secret,'' Chairman and Chief Executive Michael Dell said in a statement. ``But in this environment, the differences between Dell and other major companies are compelling.'' dailynews.yahoo.com