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

To: Electric who wrote (59092)	8/18/1998 5:30:00 PM
From: Sonki	Respond to of 176387

i wanted 118 by friday but we may get 118 w. M.Dell comes on tomorrow on cnbc. #2 tries harder from briefing: his one is easy. Dell Computer (DELL) once again beat earnings estimates with an outstanding quarterly report. They also announced another 2-for-1 stock split. The stock had rallied from 105 on Friday to 113 today, then dipped sharply just before the close. Perhaps there were fears that similar to last quarter, the stock might sell-off after the earnings report. So far, that isn't the case, as DELL is up to 114 in after hours trading. Dell reported fiscal second quarter (Jul) earnings of $0.50 per share. That is up 67% from year ago per share earnings of $0.30 per share, and 4 cents ahead of the published consensus estimate of $0.46 per share. Hey, it was even pretty much in line with the so-called "whisper numbers" of $0.50 to $0.51 per share. Dell also boasts a 54% revenue gain from the same quarter last year. The press report adds, "On a unit shipment basis, Dell advanced to the No. 2 position in the computer systems industry, according to industry-analyst reports." More: "Gross margin increased to 22.7 percent from 22.2 percent in the year-ago quarter. Operating expenses were 11.6 percent, the same level as in the year-ago quarter." In other words, Dell is keeping costs in line while margins increase. Good work. To top it off, Dell announced a stock split. The stock is pricey, but the company performs.