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

To: NickSE who wrote (52892)	7/21/1998 10:14:00 PM
From: NickSE	Respond to of 176387

Good Evening Everyone, Here's a article regarding today's news. I didn't quite see this one posted today. IMO, doesn't sound like anything but a reason to take some profits. Anyone got Mr. Winnitzki's number??? <VBG> ----------------------------------------------------------------------------------- Dell Shares Fall After CFO Talks To Analyst, Buysiders - DELL NEW YORK (Dow Jones)--Dell Computer Corp. (DELL) shares fell 4.4% after the company's chief financial officer held a conference call with PaineWebber's PC analyst Tuesday. But a Dell official and one participant said the tone of the call was upbeat. Dell finance chief Tom Meridith spoke with PaineWebber's Walter Winnitzki and a group of portfolio managers Tuesday in what company officials said was "a very positive" conference call. But concerns apparently swirled about the company's average selling prices, which have declined in recent months, one listener said. Meridith explained, as he has in the past, that Dell was responding to lower prices for PC components, such as Intel Corp.'s (INTC) computer chips, the listener said. A Dell official said Meridith commented on his belief that PC demand "continued to be robust." He also outlined new, higher-margin products like high-end storage products, new laptop computers and servers. Winnitzki didn't return calls for comment. One buysider on the call said Meridith's comments weren't a big change from what he has said in other recent events. Rumors that there was "negative news on the call is factually incorrect," the Dell official said. ------------------------------------------------------------------ Caisson