SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Patrick E.McDaniel who wrote (32748)3/6/1998 7:02:00 PM
From: john dodson  Respond to of 176387
 
Speaking of "Dell speaking out". The following was just posted to the NASDAQ news site. I gotta add, that DELL couldn't be playing this any better. They're right on this stuff. Assuming their telling the truth, man you gotta admire how well they look after their shareholders. Most company's would keep quiet worrying about law suits and such -- in other words just watch the stock get slaughtered. Not DELL, they release several direct responses to CPQ's warning.
Here it is:

We are neither feeling nor creating particularly unique price pressure at this point in time," Moore said."We continue
to price within our historical bands and we continue to price to our cost structure."

"Basically, we're feeling about as good about our model and our direct (sales) approach as we ever have ... we're not
seeing anything unusual in our business trends right now," she added.

Compaq said it would initiate price cuts to clear inventory, but Moore said that was unlikely to influence Dell's
business plan. "We don't tend to react to them anyway," she said.