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

To: techtfh who wrote (164576)	4/4/2001 5:46:14 PM
From: Chas	Respond to of 176387

04-04-01 05:18:59 PM Dell stands by Q1 targets, mum on year NEW YORK, April 4 (Reuters) - Dell Computer Corp. (DELL.O) 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."

To: techtfh who wrote (164576)	4/4/2001 7:17:24 PM
From: A.L. Reagan	Read Replies (2) \| Respond to of 176387

Thanks. As Chas just posted, MSD has reiterated the current quarter and now DELL is back up to 23.88 in AH. So, a few hours later, that cover @ 23-1/8 doesn't look so dumb after all, especially if the gap continues tomorrow. Good luck to all longs. I am looking forward to quitting having to short stocks, especially DELL. (But I'll do it again if we trade up to over 27-1/2, and stall, in a short period with no new news.)