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


To: BigAppleBoy who wrote (79218)11/12/1998 5:36:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 176387
 
Thursday November 12, 5:08 pm Eastern
Time

Dell's Q3 profit up 55
percent, just beats estimate

ROUND ROCK, Texas, Nov 12 (Reuters) -
Third-quarter profit at Dell Computer Corp. (Nasdaq:DELL - news)
jumped 55 percent to $384 million, just beating Wall Street estimates, on
strong growth in all its customer segments and in all regions, including
Asia, the company announced on Thursday.

For the quarter ended Nov. 1, earnings on a per share basis for the leading
director distributor of personal computers translated into 28 cents per
share, beating by one cent the consensus First Call estimate. A year ago,
Dell earned $248 million, or 17 cents per share.

Quarterly revenue for Dell, which sells computers via Internet, mail and
telephone orders, surged 51 percent to $4.82 billion, from $3.19 billion a
year ago. For the first time, sales over the Internet topped $10 million a
day, representing 20 percent of total revenue, Dell said.

Despite the economic crisis that limited overall industry growth to a
modest two percent in Asia-Pacific including Japan, Dell's revenue in the
region increased 49 percent, exceeding its 35 percent rate in the first half
of the year. In Europe, holding on to its No. 2 market position, Dell's
revenue ballooned by 68 percent. Revenue in the Americas rose 46
percent.

''As we come to the end of the calendar year, industry conditions remain
healthy,'' Chief Executive Michael Dell said in a statement. ''Processor
and operating system transitions and component cost declines continue to
position our industry for strong customer demand.''

Gross margins as a percent of revenue remained unchanged versus the
year-ago quarter at 22.5 percent, and operating expenses slipped to 11.4
percent from 11.6 percent.




To: BigAppleBoy who wrote (79218)11/12/1998 5:37:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 176387
 
i'm going to sleep with my finger on the buy trigger tonight...LOL.........



To: BigAppleBoy who wrote (79218)11/12/1998 5:52:00 PM
From: Sig  Respond to of 176387
 

<<< Dell is up on Level II after hours-69 47/64.>>>
Wayttago, Bigappleboy.
A bears half-life on the Dell thread is measured in days,or even minutes. Anyone buying and keeping Dell puts prior to yesterday
has a big negative gain. They are desperate, hungry, and very noisy
If they had been very lucky and bought the puts when Dell was 65
which was about as high as it sometimes got, they need Dell about 60 just to break even. Do you think they will have the smarts to do that
(sell IF Dell happens to hit 60)????(g)
Sig