Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: D.J.Smyth who wrote (69507)	10/6/1998 10:35:00 AM
From: KM	Read Replies (2) \| Respond to of 176387

Darrell: I've read Dessauer's newsletter for years myself and he's had some godawful stock calls; i.e., LSI Logic, Pokphand (what is that now, under $1), to name just two.

To: D.J.Smyth who wrote (69507)	10/6/1998 10:36:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

'Outlook stable'?,jeeeeees thanks guys! Darrel: Thanks for that report from John Dessauer,pretty reliable guy I say. Now check this out willya? ================================ Tuesday October 6, 10:11 am Eastern Time S&P raises Dell Computer senior debt (Press release provided by Standard & Poor's) NEW YORK, Oct 6 - Standard & Poor's today raised its senior debt and corporate credit ratings on Dell Computer Corp. to triple-'B'-plus from triple-'B'. The outlook has been revised to stable from positive. The upgrade reflects Dell's improved market position, expanded product line and strong financial profile. Austin, Texas-based Dell pioneered the direct model of build-to-order sales, service and support of PC systems to end users. Strong revenue growth is expected to continue, based on underlying industry growth and Dell's expanding market position in more profitable PC server and workstation products. A low-cost manufacturing model and efficient asset management should enable Dell to maintain operating margins (before depreciation and amortization) at about 11%. Strong working capital management and moderate capital requirements have benefited free operating cash flow, despite high growth rates. Moderate debt levels (including capitalized operating leases) and cash balances in excess of $2 billion contribute to Dell's strong financial profile. Additional financial flexibility is provided by a $250 million unutilized credit facility. OUTLOOK: STABLE Highly competitive industry conditions limit the potential for ratings improvement, while Dell's expanded market position and strong financial profile provide downside protection, Standard & Poor's said.