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

To: kemble s. matter who wrote (79736)	11/13/1998 10:57:00 AM
From: PAL	Respond to of 176388

Hi Kemble!!! Did you see how Michael deflected Mark Haines question about Kumar being booted from the conference call? Instead of defending it, he just say he has no knowledge. Issue closed. A very smart response!! Michael's smiling face may suggest "Hey, we can use a good portion of that money generated this quarter ($586M) for stock buy back at a lower price. Remember that Dell has a short position around 50K contracts of Nov 27.5 puts which will expire next Friday. Funds are accumulattng Dell. Will any of these funds sell Dell because of missing the whisper number? They will probably buy more. Here is an exceprt from today's IBD: Leading Funds Pile Into Computer Stocks Staples, Safeway And Paychex Also Show Accumulation Date: 11/13/98 Author: Leo Fasciocco Top money managers have a few things in common: Dell Computer, Microsoft and Sun Microsystems. Those and other computer stocks are among the top buys of the best-performing mutual funds, according to data compiled by IBD. Dell and Sun are part of IBD's computer-mini/micro group, rated No. 5 out of 197 industries based on six-month price performance. The group is up a stellar 52% this year. Sixty-three funds rated at least A-bought Dell recently. The stock, a market leader since '94, has a 99 Earnings Per Share rating and 99 Relative Strength. That means profit growth and stock performance have been better than 99% of all stocks. Dell's stock fell to 41 as the market bottomed in early October. Since then, the stock has staged a robust rally to a new closing high near 72 - a 76% run-up in six weeks. Dell continues to gain market share in the PC market. Earnings for the fiscal year ending Jan. 31 will rise 63% to $1.04 a share, according to First Call. At a recent analysts' meeting, Dell said it had a 14% to 16% cost advantage over Compaq Computer, IBM and Hewlett-Packard. Three top-rated Fidelity funds hold large stakes in Dell: Growth & Income Fund, Dividend Growth Fund and New Millennium Fund. Regards PAL