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


To: Chuzzlewit who wrote (59503)8/19/1998 11:41:00 AM
From: Jim Patterson  Read Replies (1) | Respond to of 176387
 
Chuzz,

Look at #59466,

The second part of it is positive.
Does that Count?

DELL has impressed me to the Nth degree.
That is all I can say about the stock.

jim



To: Chuzzlewit who wrote (59503)8/19/1998 11:45:00 AM
From: Mick Mørmøny  Respond to of 176387
 
Dell's doing just swell


Michael Dell says high-flying PC maker is primed to grow even more


NEW YORK (CNNfn) - If you're Michael Dell, it's good to be the king.

Dell Computer Corp. reported stronger-than-expected second-quarter earnings Tuesday, coming in 4 cents ahead of First Call estimates. The company also announced a 2-for-1 stock split, its fourth distribution in two years.

Investors have salivated over the news. Dell (DELL) shares were up a whopping 11-5/16, more than 10 percent, at 120-7/8 just after the opening bell Wednesday.

All this would seem like reason enough for any company to take a breath and enjoy the moment. But Michael Dell, the direct PC vendor's chairman and chief executive officer, told CNNfn the company still has more work to do.

"Dell has 8 percent of the world PC market and 14 percent of the U.S. market," he said. "We believe the opportunity for growth is significant. Our goal is to grow faster than the market in the next several years."

One of the areas in which Dell hopes to grow is the service business. Dell pointed out the company's financial service unit is growing steadily and that partnerships with third-party service companies already have helped the PC maker stay ahead of the competition.

Unlike other top computer makers, such as Compaq Computer Corp. (CPQ), Dell has chosen to stay out of the sub-$1,000 PC business, opting for products with higher margins. Although the average selling price of a Dell computer slipped during the second quarter, Dell pointed out that was more a factor of industry economics rather than pricing pressures from competitors.

"The primary driver in the average selling price being down is that component costs are coming down," he said. "That's not necessarily a bad thing. We approach our business by the amount of margin we earn per unit, not the average selling price. Component costs coming down has helped us."

On top of its other successes, Dell -- unlike just about every other computer-related company -- has been immune to the financial crisis in Asia. The company reported a 34 percent increase in revenues in Asia, and Dell said there are even more opportunities.








To: Chuzzlewit who wrote (59503)8/19/1998 12:22:00 PM
From: SecularBull  Respond to of 176387
 
~OT~ Hell, Chuzzlewit, I'd freak out if any two of the seven happened!

LoD




To: Chuzzlewit who wrote (59503)8/19/1998 1:00:00 PM
From: JRI  Respond to of 176387
 
Chuzz-Great post....Let me add that JP:

(1) Would have told Van Gogh his paintings aren't colorful enough or show enough imagination

(2) Would have told schoolboy Einstein that he'll never amount to anything...

(3) Would have cut Michael Jordan from the basketball team in his JUNIOR AND SENIOR years

(4) Would tell Mark McGuire that his homers don't go far enough

(5) Would have given Fred Smith an "F" on his term paper written on the concept "Federal Express" (his original professor gave him a "C"!)

(6) Would have told Rudy not to go to Notre Dame

(7) Would have told Celine Dion to forget about singing, and stick to her studies

Well, you get the picture.....

BTW- I'm sure he will say that one should not buy Dell at these levels because it is too expensive.....and the beat goes on....