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: Jill who wrote (98378)	2/12/1999 8:23:00 PM
From: Jake0302	Respond to of 176387

Jill, I don't think anything has changed with DELL. What has happened is that we are coming to the end of the earnings season. We are also looking at the start of a much anticipated, almost scripted correction. Take that note from that broker about revenues "slipping" (not going down sequentially, but perhaps being less than the target), and you have a precipitating event for something that everyone wants to happen anyway. Now, I am not a financial guru. But I have a gut feeling that DELL will surprise significantly on the upside, given the strength of INTC and MSFT's earnings surprises. DELL is dominant, growing, and most importantly it is making its biggest gains in the highest margins segments of the business. Servers. But, that said, we can't fight the market. The market "wants" to correct. It should correct. I personally think that the DELL surprise will trigger a large move upward to 100 - 110 on Wednesday. But that will be the last gasp of this earnings party... until the next earnings party begins in March/ April. By that time, we could well have hit the bottom of a nasty 5-10% correction, which we have already started. But no worries, out of the rubble will emerge good option plays... like MSFT split, Mar 26, etc. And more great earnings plays. And, somewhere in there, will be a nice DELL split play. No doubt in my mind. Jake

To: Jill who wrote (98378)	2/12/1999 9:27:00 PM
From: HG	Respond to of 176387

Optioninvestor still maintained its BUY rating as of Thursday, whch was the last they published. here it is.... DELL $101.88 +4.88 (+1.48) Dell generated over $16.8 billion in revenues for the past four quarters. Yesterday the vendor announced its single largest online sale ever. That deal, worth more than $7 million, is to deliver several thousand notebook PCs to Norwest Mortgage. Dell currently has an estimated $10 million in daily Internet sales. Michael Dell has stated Dell's intent to achieve 50% Internet generated sales within 2 years. Currently, we are playing Dell for an earnings and possible split play. Earnings are due February 16 after the close. Today's action in anticipation looked pretty good with 23 million shares traded. If the market holds, Dell could continue the run. Confirm market direction first.