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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (55467)	10/1/2002 4:11:10 PM
From: stockman_scott	Respond to of 65232

Dell Increases Q3 Revenue Guidance to Record $9.1 Billion, Expects EPS Growth to Exceed 30 Percent Tuesday October 1, 4:05 pm ET AUSTIN, Texas--(BUSINESS WIRE)--Oct. 1, 2002--Dell (Nasdaq:DELL - News) is extending its trend of winning new customers and achieving profitable growth even without broad industry recovery, and raising its expectations for revenue in the third quarter. The quarter would be the seventh consecutive in which Dell has met or exceeded its sales and earnings guidance. Those are among messages Dell executives will deliver to investors, analysts and reporters at the company's fall analyst meeting here Wednesday. The meeting remarks start at 8:00 a.m. (CDT) and will be webcast, with supporting material, at www.dell.com/investor. Dell now believes revenue for its fiscal third quarter, which ends Nov. 1, will reach a company-record $9.1 billion, up 22 percent from one year ago. In mid-August, the company had forecast revenue of $8.9 billion. Earnings per share are expected to be 21 cents, at the high end of the initial guidance range and more than 30 percent better than in last year's third quarter. Those results would represent sequential improvement in operating margins. According to Chairman and Chief Executive Officer Michael Dell, the company's momentum with customers remains broad-based, highlighted by growth in shipments of servers and storage systems. He said Dell's way of doing business is best suited to accommodate widening preference for standards-based computer systems and services. "The customer trend toward standards is unmistakable and has been going on almost as long as there's been information technology," said Mr. Dell. "The movement is accelerating, and reaching deeply into enterprise computing, because standards-based products and services are flexible, scalable and simple, and offer great value. "Our people are focused on customer requirements, cost leadership and exceptional execution, and those disciplines are distinguishing Dell in the marketplace." Mr. Dell said the company will achieve more than $1 billion in cost savings this year, from areas including product design, manufacturing and logistics, operating expenses and warranty costs. About Dell Dell Computer Corporation (Nasdaq:DELL - News) is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. The company's revenue for the past four quarters totaled $32.1 billion. Dell, through its direct business model, designs, manufactures and customizes products and services to customer requirements, and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained at www.dell.com. Dell is a trademark of Dell Computer Corporation.

To: RR who wrote (55467)	10/2/2002 11:38:34 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

<font color=Purple>NOTICE TO PORCHERS!! It is with regret that I post this info: RR's Mom passed away this past weekend.</font>

To: RR who wrote (55467)	10/3/2002 5:07:38 PM
From: Ex-INTCfan	Respond to of 65232

I'm very sorry to hear about your mom, RR. My thoughts are with you and your family.