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

To: StanX Long who wrote (56504)	11/28/2001 11:33:34 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Dell reaffirms 4Q guidance November 28, 2001: 4:38 p.m. ET The No. 1 PC maker's CEO says market should recover next year. money.cnn.com Scottsdale, Ariz. (Reuters) - Dell Computer Corp. Chief Executive Michael Dell Wednesday reaffirmed forecasts that fourth-quarter earnings will be unchanged from the third quarter while sales will be slightly higher. But Dell (DELL: down $0.49 to $25.99, Research, Estimates), which has performed better than many PC makers during the current downturn, offered some signs that business could improve next year and cited a "significant pent-up demand" for both desktop and notebook computers worldwide. Dell, who spoke at the Credit Suisse First Boston Technology Conference here, said the question remained when individuals and corporations would begin to replace their older computers. Like many of the companies that have presented at the conference, Dell said that recovery was expected some time in 2002, but gave no specific time frame.