Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (12638)	7/10/2002 1:54:20 AM
From: stockman_scott	Respond to of 57684

Dell Stands by Profit Outlook Tuesday, July 09, 2002 NEW YORK — Dell Computer Corp. (DELL) on Tuesday said the personal computer maker stood by its forecast for fiscal second quarter results, and poured cold water on rumors that it might buy printer maker Lexmark International Inc. (LXK). "We are still sticking by our guidance of our earnings call," Chief Operating Officer Kevin Rollins said on a Bear Stearns conference call with investors. Dell had previously predicted second-quarter earnings of 18 cents a share and revenues of $8.2 billion, up 8 percent from a year before. Rollins added that Dell, the No. 2 maker of PCs behind Hewlett-Packard Co., has seen no rebound in PC demand but has continued to gain market share. He dismissed as "highly unlikely" any chance that the company would buy printer maker Lexmark -- one of many scenarios floated by market watchers who suggest that Dell might soon begin making and selling its own branded printers. Dell has in the past said that it was interested in figuring out how it could get into the printer business, which is highly profitable for some of its competitors, thanks in part to the lucrative market for ink and services. foxnews.com