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


To: WBC who wrote (59530)8/19/1998 12:39:00 PM
From: Mohan Marette  Respond to of 176387
 
Revised but 'Clueless' on Wall Street.

WBC:

Here are bunch of revisions probably not worth much but useful nonetheless. Notice nobody has the nerve to upgrade the stock which I believe is extremely bullish and works in the Dellheads favor,I'll worry as soon as these guys starts upgrading the stock as a strong buy while playing their little games. The only way to beat them in their own game is to totally ignore them and go long as 'their' primary intentions are only to make money for themselves by playing their little upgrade-downgrade game.

RESEARCH ALERT - Dell EPS estimates raised

Reuters Story - August 19, 1998 09:19

NEW YORK, Aug 19 (Reuters) - Wall Street firms on Wednesday raised their earnings estimates for Dell Computer Corp , after the computer maker's second quarter earnings soundly beat analysts' expectations.

-- Bear Stearns ups its estimate on 1999 EPS to $2.10 from $2.00 and 2000 EPS to $2.80 from $2.75.

-- Morgan Stanley ups 1999 EPS estimates to $2.08 from $2.00 and 2000 EPS to $2.85 from $2.70.

-- Goldman ups year-end 1999 EPS view to $2.05 from $1.91 and year-ending January 2000 EPS to $2.55 from $2.31.

-- CS First Boston raises its 1999 estimates for Dell to $2.10 from $2.00 and its 2000 EPS expectations to $2.70 from $2.55.

-- Dell shares opened at 120-13/16 Wednesday and traded up 8-13/16 at 118-3/8 during early morning trade.