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To: Johnny Canuck who wrote (40986)	4/8/2004 2:23:22 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70979

17:01 DELL Dell Computer increases guidance for Q1 (34.82 +0.13) Co will raise guidance for Q1 revenue, reiterate expectations for resulting earnings and detail a significant increase in near-term stock repurchases during a meeting with investors, analysts and reporters. Co now anticipates fiscal Q1 sales to reach $11.4 bln, $200 mln higher than guidance Dell provided on Feb.12, Reuters consensus is $11.2 bln. Co continues to expect EPS of $0.28, in line with Reuters. Co expects to spend about $1.1 bln to repurchase common stock during a 3 month period, up from a planned $600 mln.