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To: Lucretius who wrote (334)5/19/1998 4:51:00 PM
From: Teddy  Respond to of 14427
 
Nope, never owned a share of DELL. The best companies are always over priced. Dell should be over $100 by the end of the week.

One thing that i do agree with you on is that MU is a dog.



To: Lucretius who wrote (334)5/19/1998 5:00:00 PM
From: Teddy  Read Replies (1) | Respond to of 14427
 
UPDATE: Dell Computer (DELL:Nasdaq) reported earnings
of 44 cents per share after Tuesday's close, 2 cents above
First Call consensus estimates for its April quarter. Dell
earned 27 cents in its year-earlier quarter.

The world's fastest growing box maker maintained its gross
margins and its Asia-Pacific revenues, two key areas that
analysts have been monitoring closely. Asia-Pacific
revenues increased 35% year-over-year, while gross margins
rose slightly to 22.3% from 21.6% in the year-ago quarter.

In trading Tuesday, Dell's stock whipsawed between being
up 1 13/16 at midday to down 3/4 by 3:45 p.m. EDT before
finally ending up 1/16 to close at 94 9/16. The price action
wasn't exactly the smooth send-up to earnings that analysts
and investors were expecting, and one sell-side analyst
argues that Dell might not have put up good enough
numbers.

"It's a penny below the whisper number -- I wouldn't be
surprised to see the stock trading down Wednesday
morning," says Lou Mazzucchelli, who rates the stock a
buy. "But Dell's revenue numbers remain solid and gross
margins improved, so overall I still like the stock." (His firm
has not participated in any of the company's public
offerings.)