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 : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: rupert1 who wrote (36431)	11/12/1998 6:14:00 PM
From: rupert1	Respond to of 97611

Initial Street.com report. I'll pass on Cramer's comments when I get them. Victor ____________________________ From Street.com: Top Stories: Dell Retreats Despite Strong Earnings By Eric Moskowitz Staff Reporter 11/12/98 5:50 PM ET Dell (DELL:Nasdaq) again reported strong earnings growth, but investors aren't impressed. The Round Rock, Texas-based PC seller reported third-quarter earnings of 28 cents a share, a penny above consensus estimates, but that just wasn't good enough for aftermarket traders. The stock dropped 3 points to 66 3/16 on Instinet after the company reported earnings. The stock fell 2 5/8, or 4%, to 69 3/16 during regular hours Thursday. Dell earned $384 million, or 28 cents a share, up from the year-ago $248 million, or 17 cents a share. Revenue rose 51% to $4.82 billion from $3.18 billion a year ago. Dell's average PC selling price fell to $2,400 per unit from $2,700 a year ago. Worldwide Internet sales soared 67% to $10 million a day from $6 million in the second quarter. TSC plans a follow-up piece after the Dell conference call is complete. The following earnings preview was posted at 9:30 a.m. EDT Thursday