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

To: Gabriel008 who wrote (30576)	2/20/1998 11:24:00 AM
From: jim kelley	Read Replies (1) \| Respond to of 176387

Gabriel, I am picking up my new Yukon with the Onstar system today. If you find a good clinic let me know I may check in also.

To: Gabriel008 who wrote (30576)	2/20/1998 10:54:00 PM
From: Kenneth R Miller	Respond to of 176387

I'll pass this on to all you enthusiastic DELL heads.. By Kourosh Karimkhany PALO ALTO, Calif., Feb 19 (Reuters) - Dell Computer Corp.DELL.O stock surged to a record high Thursday after the computer maker reported better-than-expected fourth quarter earnings and said the outlook for the PC industry remain strong. A robust increase in sales and profits from the world's third-largest PC maker also pulled along the stocks of othe technology companies -- especially chip maker Intel Corp. and Microsoft Corp., the primary suppliers of the industry. "They really did an excellent job of allaying people's fears about market conditions and falling PC prices," said Richard Gardner, analyst at investment bank Salomon Smith Barney. Stock in Dell, based in Round Rock, Texas, rose $9.56 to $122.75 on trading of more than 22 million shares on Nasdaq, where Dell was the second-most active issue. Earlier, the stock had traded as high as $124.875, the all-time high. Stock in Intel, the world's biggest supplier of PC chips, also rose sharply on the news, gaining $3.62.5 to $90.56. Microsoft, the world's biggest PC software company, rose 25 cents to $154.875. Compaq Computer Corp., Dell's largest rival, was unchanged at $35. For the past quarter, investors have been concerned about Asia's economic turmoils and the plunging prices of PCs. Wall Street had been anticipating Dell's results because it would help indicate how U.S. technology companies would fare for the next few months. Analysts said Dell managed to navigate brilliantly to sidestep any pitfalls. Falling prices for memory chips helped cut costs, boosting profits. The company also used its build-to-order, direct-sales model to keep its inventory to a minimum, allowing Dell to take advantage of any component price cuts and keeping its finished products from going stale compared with the competition.