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

To: jbn3 who wrote (54159)	7/26/1998 2:31:00 PM
From: Jorge	Respond to of 176387

Thank you...A very informative and enlightening response...I do appreciate it. If not posted earlier here is an excerpt from a Wall Street Journal article which came out July 24, so it is probably "old" news..Entitled: "Gateway Report Hurts Stock But Also Contains Good News" (by an analyst with Robertson Stephens - Mr. Niles): ---------------------------------------------------------------------- Mr. Niles added that he was impressed with year-over-year growth in the number of PCs sold by Gateway, which increased 33% to 736,000 units during the second quarter. That growth bodes well for other PC makers, particularly Dell Computer, he believes. Although Mr. Niles predicts Dell's average selling prices will fall about 4% sequentially this quarter to $2,400 from $2,485, "unit growth should be enormous." And unlike Gateway, "Dell didn't have any new marketing push," he added. "They benefited from component cost declines so gross margins should be coming up. ---------------------------------------------------------------------- DELL's numbers should be phenomenal....I hope I can pick some up in the morning, cheap I hope. Regards, George