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

To: Sig who wrote (167340)	10/4/2001 9:58:29 AM
From: stockman_scott	Respond to of 176387

Stocks Rise After Dell Cheers Investors Thursday October 4, 9:42 am Eastern Time NEW YORK (Reuters) - Stocks climbed at Thursday's open after Dell Computer Corp. (NasdaqNM:DELL - news), the world's top personal computer maker, stood by its quarterly targets, brightening the mood on Wall Street further following a solid rally in the prior session. High-tech shares were in the lead, and the Nasdaq Composite Index (.IXIC) sprinted 23.03 points, or 1.46 percent, higher to 1,603.84, building on Wednesday's rise of nearly 6 percent, its biggest percentage gain since April. The Dow Jones industrial average (.DJI) climbed 22.07 points, or 0.24 percent, to 9,145.85, while the broader Standard & Poor's 500 Index (.SPX) rose 4.21 points, or 0.39 percent, to 1,076.49. Stocks soared on Wednesday after high-tech bellwether Cisco Systems Inc. (NasdaqNM:CSCO - news) maintained its financial targets and President Bush called for up to $75 billion in additional stimulus measures to pump up the economy. Dell added another dose of cheer to a market grappling with uncertainty after the Sept. 11 attacks on the nation after it reaffirmed its quarterly sales and earnings guidance, saying it was winning new customers and successfully managing operating expenses. Dell's comments, along with those from Cisco the day before, overshadowed a slew of profit warnings from other companies, like fiber-optic cable giant Corning Inc. (NYSE:GLW - news).

To: Sig who wrote (167340)	10/4/2001 11:04:52 AM
From: kemble s. matter	Read Replies (1) \| Respond to of 176387

Sig, Hi!! RE: "We're winning new customers at a rapid rate and successfully managing our operating expenses," founder Michael Dell said in a press release. "Those strengths in the midst of a trying period give us great confidence for the long term." The call stands to make the chief executive more money on the 4.3 million Dell shares he bought between Sept. 20 and Sept. 27 at an average price of $16.72 a share. The stock surged 7% to $22.20. "DELL's fastest growth in their history occurred immediately after the acquisition of DEC"...I wonder what will occur since CPQ has been acquired by HWP and CPQ still hasn't digested the DEC acquisition? Obviously, Michael must see something we don't... :o) He's buying DELL like the days of old...Just perhaps his recent prediction of: "40% MARKET SHARE AND $100 BILLION REVENUES" is becoming more and more in his focus... :o) Buying DELL today...Still cheatin'... Best, Kemble