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To: Proud_Infidel who wrote (181113)5/13/2005 10:36:43 AM
From: Amy J  Read Replies (2) | Respond to of 186894
 
NEW YORK (CNN/Money) - Dell, Inc. just gave investors what they wanted: Robust growth outside of the United States and in products and services beyond its core personal computer business.

After missing Wall Street sales forecasts three months ago, Dell (Research) rebounded Thursday with a first-quarter earnings and sales report that met analysts' estimates. Revenue rose 16 percent, to $13.4 billion from the year-ago quarter.

Goldman Sachs, while painting a dour picture of technology spending generally, did offer one incentive for technology investors to buy now. It said that technology shares, which have rallied at year-end in six of the last seven years, are poised to jump again starting as early as mid-July.

money.cnn.com