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


To: voltman who wrote (58096)8/13/1998 3:38:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
You seen the 'silver lining' yet????

Excerpts.

"Fundamental PC demand is healthy. July was a good month, and August appears strong," Munson said...

But another problem will come to the fore, Munson added. "The declining [average selling price for computers] will probably slow as we go into 1999."


And most importantly....

Piper Jaffray analyst Ashok Kumar, for his part, said in a recent report that he expects Dell Computer to post strong unit growth during the second quarter, which will help temper the declines in average selling prices. The company is expected to report its quarterly results on August 18.

Kumar maintained his "strong buy" rating on Dell's stock, as well as his fiscal 1999 earnings estimate on the company, which stands at $2.03.


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