To: Brian Malloy who wrote (17437 ) 2/19/1998 4:42:00 PM From: Sonki Read Replies (2) | Respond to of 27012
sonny,Brian,Are you keeping your eyes on HWP Feb60? @5 today. Here to DELLathon. Open intrest is better then guessing earnings. Go look at OI on hwp60 vs all other feb hp strike !Message 3388942 we just got to keep searching for werid open intrest. i wished i had bot dell feb 110 instead. never even thought of it. today, i bot klic. monday bot sun leaps. dell: incredible story. $21000 (1kshares) in Dell in 94 would be 956k today. this just can not continue? can it? I guess i should chk my dell40 now soon to be dell20. too bad i bailed out of dell in my ira and never jumped back in. Buy and hold is not so bad, i guess. Thanks to IRS i could not sell outside of my IRA. ========================================================================================== DELL COMPUTER CORP. (DELL) 113 3/16 CLOSED. Direct marketer of PCs and servers had another strong quarter, but its illustrious results will most likely be overshadowed by its announced 2-for-1 stock split. In either case, all this is positive news fo r the stock as Dell shares are expected to open higher this morning by as much as $2 a share. Last night, the company reported that it earned $0.8 1 a share in the 4Q, five cents ahead of the First Call estimate, and 62% better than year-ago net of $0.50 a share. Dell even managed to bea t or match (the numbers were sneaking up during the last hours) the so called "whisper" number which only reflects the earnings machine thi s PC box maker has become. Revenues for the period rose 55% to $3.74 billion from a year-ago, slightly below trend, but still very imp ressive as sales also increased 17% on a sequential basis. The company said that revenues in the Americas rose 51% to $2.5 billion, Europ e increased by 61% to around $1 billion, while Asia, the thorn on everyone's side, rose by 79% to around $240 million. Server sales were also very strong in the period, which only provides Dell with that much more product mix diversification going forward. Operating profit margins al so improved in the latest period to 10.6% of sales, versus year-ago level of 10.4%. Meanwhile, CEO Michael Dell only added fuel to this secto r by noting that growth in the PC industry is seen expanding at a very rapid pace as corporations and individuals continue to upgrade their machin es in order to keep up with new technology introductions. At the same time, the president of Dell's European operations Jan Gesmar-Larsen said that the company would continue to buyback its shares as the company ended the quarter with $1.8 billion in cash and securities. This piec e of news comes on top of the announcement that Dell plans to split its stock 2-for-1, giving investors another reason to remain bullish on the s tock. Aside from the news helping Dell shares this morning, these positive announcements and results are likely to help other box makers and tech stocks in general.