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

To: kemble s. matter who wrote (64533)	9/9/1998 9:06:00 PM
From: Patrick E.McDaniel	Read Replies (1) \| Respond to of 176387

Kemble, the markets are going to squirm over the Starr report and go nowhere. I sold my Sept. Calls this morning as I was satisfied and didn't think 10 days would be worth holding. On the other hand, Dell is still forcasting good news ahead.....''We still feel very strongly that the growth of Dell in terms of the back half of this year and beyond will be large,'' he said. biz.yahoo.com S+P Futures are acting badly. cme.com :o)

To: kemble s. matter who wrote (64533)	9/9/1998 9:16:00 PM
From: Dave Taylor	Read Replies (1) \| Respond to of 176387

Kemble and all...World Markets site: quote.yahoo.com O.T. Kemble, Just returned from a 3 week photo safari in Zimbabwe, Africa. Thought of you when we visited The Great Zimbabwe, an ancient city built of stone walls between the 9th and 13th centuries. You would love the stone work. Oh, by the way, my investment in DELL paid for this! Bought more when we got back and looking forward to more traveling. Thanks for your continuing encouragement and support. It's a great thread with great people! Regards, Dave

To: kemble s. matter who wrote (64533)	9/9/1998 10:46:00 PM
From: Bruce Ravelson	Read Replies (2) \| Respond to of 176387

Hi Kemble. I'm mostly a lurker because I don't have the knowledge to make comments like most of the posters about either Dell or the market. However, I am also a teacher and have not quite figured out how to get enough money together to let Dell "grow" it. I hope my bits and pieces will someday approximate what you've been able to do thus far. Thanks for being a model for a colleague to follow. By the way, I think the bears, such as LT, make the discussion healthier. Sort of grounds the euphoria. Thanks to all. Bruce

To: kemble s. matter who wrote (64533)	9/10/1998 4:58:00 PM
From: Patrick E.McDaniel	Read Replies (2) \| Respond to of 176387

Daddy, why did Dell go up on Friday? Intel Third Quarter Revenue to be Above Expectations Business Wire - September 10, 1998 16:44 SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 10, 1998--Stronger than anticipated demand, especially in North America and Europe, is expected to cause revenue to exceed Intel's expectations for the third quarter of 1998, Intel said today. When the company announced second quarter earnings in July, the expectations were that revenue in the third quarter of 1998 would be flat to slightly up from second quarter revenue of $5.9 billion. The company now expects higher revenue. BUSINESS OUTLOOK The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements do not reflect the potential impact of any mergers or acquisitions that may be completed after the date of this release. -- The company expects revenue for the third quarter of 1998 to be up approximately 8 to 10 percent from second quarter revenue of $5.9 billion. Consistent with the company's earlier expectations, second half revenue is expected to be greater than the first half revenue. -- Gross margin percentage in the third quarter of 1998 is expected to be up a couple of points from 49 percent in the second quarter. Included in the expectation for gross margin in the third quarter of 1998 are write-offs associated with facilities realignment to improve manufacturing efficiencies, and the previously announced headcount reduction program. Intel's gross margin expectation for the full year 1998 is 52 percent, plus or minus a few points. In the short-term, Intel's gross margin percentage varies primarily with revenue levels and product mix. -- The company believes that over the long-term, the gross margin percentage will be 50 percent plus or minus a few points. Intel's long-term gross margin percentage will vary depending on product mix. -- Expenses (R& D plus MG &A) in the third quarter of 1998 are expected to be approximately 7 to 8 percent higher than second quarter expenses of $1.3 billion, up from earlier guidance of 3 to 5 percent higher than second quarter expenses. Expenses are dependent in part on the level of revenue. -- R & D spending is expected to be approximately $2.8 billion for 1998, including the approximately $165 million for in-process R&D associated with the acquisition of Chips and Technologies, Inc. in the first quarter. -- The company expects interest and other income for the third quarter of 1998 to be approximately $170 million, up from prior guidance of $145 million, assuming no significant changes in interest rates or expected cash balances, and no unanticipated items. -- The tax rate for the remaining quarters of 1998 is expected to be 33.0 percent. -- Capital spending for 1998 is expected to be approximately $4.5 to $4.7 billion, flat to slightly up from $4.5 billion in 1997. The current estimate includes the acquisition of the capital assets of Digital Equipment Corporation's semiconductor manufacturing operations. -- Depreciation is expected to be approximately $2.9 billion for 1998. Depreciation in the third quarter of 1998 is expected to be approximately $760 million. The above statements contained in this outlook are forward-looking statements that involve a number of risks and uncertainties. In addition to factors discussed above, among other factors that could cause actual results to differ materially are the following: business and economic conditions, and growth in the computing industry in various geographic regions; changes in customer order patterns, including changes in customer and channel inventory levels; changes in the mixes of microprocessor types and speeds, purchased components and other products; competitive factors, such as rival chip architectures and manufacturing technologies, competing software-compatible microprocessors and acceptance of new products in specific market segments; pricing pressures; excess or obsolete inventory and variations in inventory valuation; development and timing of introduction of compelling software applications; continued success in technological advances, including development and implementation of new processes and strategic products for specific market segments; execution of the manufacturing ramp; costs associated with excess manufacturing capacity; the ability to grow new businesses and successfully integrate and operate any acquired businesses; unanticipated costs or other adverse effects associated with processors and other products containing errata (deviations from published specifications); impact on the Company's business due to internal systems or systems of suppliers and other third parties adversely affected by year 2000 problems; claims due to year 2000 issues allegedly related to the Company's products or year 2000 remediation efforts; and litigation involving antitrust, intellectual property, consumer and other issues; and other risk factors listed from time to time in the company's SEC reports, including but not limited to the report on Form 10-Q for the quarter ended June 27, 1998 (Part I, Item 2, Outlook section). Copies of this earnings release and Intel's 1997 annual report can be obtained via the Internet at www.intc.com or by calling Intel's transfer agent, Harris Trust and Savings Bank, at 1-800-298-0146. Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. :o)

To: kemble s. matter who wrote (64533)	9/10/1998 9:11:00 PM
From: Patrick E.McDaniel	Read Replies (1) \| Respond to of 176387

Kemble, the next thing you know Michael Dell will be doing Frosted Flakes commercials! THEY'RE GREAT!!!!!! Dell says Q3 ''great'' despite world's woes DALLAS, Sept 10 (Reuters) - Dell Computer Corp (Nasdaq:DELL - news) Chairman Michael Dell said on Thursday his company was having a ''great'' third quarter in spite of economic and financial turmoil around the world. ''The third quarter is going great and there is no change in our outlook from what we said at the end of the second quarter,'' Dell told reporters in Dallas, where he spoke at an economic forum. He did not give further details, but said he did not expect economic crisis in Asia and turmoil in the world's financial markets to drag down his company's growth. ''It is true that some of these markets might be in a period of economic contraction, but that doesn't mean Dell can't grow even in that period,'' he said. Dell has consistently exceeded expectations for its growth and its founder and chief executive said Thursday he expected the company to continue to outpace the market and pick up market share from its competitors. He said the industry has shown annual percentage growth rates in the mid-teens and that those rates should continue for at least the next three to five years. ''I don't think the personal computer industry is impervious to economic turmoil but I think companies and organizations are using computers as a way of getting ahead and driving productivity so in some senses this is not discretionary spending,'' he said. Dell also said consumer demand was being fuelled by the increasing popularity of the internet, a steady decline in the price of components and new technological advances. ''When you get new features and functions, computing finds its way into places it has never been before: small and mid-sized business, emerging markets, countries that haven't had as much technology as they might have in the future,'' he said. :o)