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: Devil's Advocate who wrote (97673)	2/12/1999 9:15:00 AM
From: GVTucker	Read Replies (2) \| Respond to of 176387

FYI, here's the pertinent excerpt from Dan Niles' report. The amazing thing to me is that it took so long for people to talk about it, given that the report hit my screen last night: "We believe Dell's finish to the quarter was soft, leading to revenues of $5.2 billion relative to our $5.5 billion expectation. During Q4, we believe that the competitive pressure intensified, especially in the corporate market. We believe as a result that units came in at about 2.2m versus our 2.3m expectation and 2.0m in Q3. We believe that most of the shortfall came from US corporate desktop and server revenues.... "We believe that corporate ASPs are under pressure even though component costs are firming. We believe that ASPs ticked down slightly from $2355 in Q3 to at least $2350 in Q4 versus our expectation of $2375. We believe that more direct selling by competitors combined with competitive products will force ASPs further down in coming quarters. We believe that better expense control and margins enabled the company to reach consensus EPS of $0.31...."