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To: Lizzie Tudor who wrote (12655)	7/11/2002 5:23:17 PM
From: stockman_scott	Read Replies (2) \| Respond to of 57684

Dell raises guidance for Q2 earnings, revenue AUSTIN, Texas, July 11 (Reuters) - No. 2 personal computer maker Dell Computer Corp. (NasdaqNM:DELL - News) on Thursday raised its guidance for earnings and revenue in the second quarter, saying it has continued to gain market share from competitors. Dell now sees second-quarter revenue of $8.3 billion, up about 9 percent from last year, and earnings of 19 cents per share, an increase of 19 percent excluding a special charge in the year-ago quarter. The second quarter ends Aug. 2. On May 16, Dell guided investors to revenue of $8.2 billion and 18 cents per share. Earlier this week it backed that guidance. Dell said it believes it is continuing to gain market share in the midst of weak overall demand. Dell sells personal computers and large computers for businesses. Dell expects operating profit as a percent of revenue to be up sharply from the most recent and year-ago quarters.