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


To: Mazman who wrote (82507)11/27/1998 11:56:00 AM
From: Mazman  Respond to of 176387
 
Legg Mason Sticks With Winning Stocks Fund Group Takes
Major New Position In MCI WorldCom

Investor's Business Daily, 11/27/98
Author: Nancy Gondo

Legg Mason's top two holdings are a pair of the decade's hottest
growth stocks: America Online and Dell Computer.

... Dell has IBD's highest-possible 99 Earnings Per Share and Relative Strength ratings. Sales and profit growth have been in the double or triple digits the past 13 quarters. The PC maker's financial services unit said lease originations recently topped $1 billion.

The Round Rock, Texas-based company also announced it's offering several flexible payment options to make it easier for consumers to buy PCs during the holidays. Among the plans are a Dell Platinum Visa credit card and Dell gift certificates.

Analysts project Dell will lift earnings by 64% to $1.05 a share for the year ending in January and 39% to $1.46 in '00. The stock has more than tripled this year.

Earlier this month, Dell attempted to break out of a narrow six-week base but the rally fizzled out. The stock is now trading about 12% off its Nov. 11 high ...