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

To: William F. Wager, Jr. who wrote (173937)	2/21/2004 12:36:01 PM
From: hdl	Read Replies (1) \| Respond to of 176387

H-P's PC group reported a $62 million operating profit in the first quarter, up 88% from a year earlier, on a 20% increase in revenue to $6.2 billion. The profit was the group's largest since the Compaq merger. Ms. Fiorina said H-P's PC sales rose nearly twice as fast as Dell's for a second consecutive quarter. The results show that H-P can sustain its market-share momentum while maintaining profitability, she said. operating profit 1% of revenues. and that was hp's largest profit for the group. it maintained profitability by having 1% profit on sales. it appears that hp is trying to have big market share- but is making virtually nothing in pcs. yet, dell sells about as much as hp- has same market share- and makes a decent profit not just 1% on sales. if dell reduces prices by $5 or $10 a computer, hp will have no profit if it matches dell.