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


To: D. Swiss who wrote (98511)2/12/1999 11:02:00 PM
From: Mohan Marette  Read Replies (4) | Respond to of 176387
 
'Dell is on a tear...' Michael Dell at Goldman's Tech Conference-

Drew that there comment is good enough for me and if you think I am going to listen to ass-man Niles instead of Michael Dell you got another thing coming.<vbg>

As for your question about 'soft' revenues and other stuff I will have to say I go along with the following comments for right now until we hear from the company. No I am not betting my money on Swami Kumar nor on Dan-dumb-ass Niles,sorry no can do.
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".....Niles was traveling today and couldn't immediately be reached for comment on the rationale for his report. Big investors in Dell said company executives haven't said anything recently that would prompt an analyst to lower quarterly sales estimates for the company, which is based in the Austin, Texas, suburb of Round Rock. ''Dell has been talking to investors publicly in the past few days and no indication was given about softness in the corporate market,'' said portfolio manager Lisa Rapuano at Legg Mason Fund Advisers, which owns 7.5 million Dell shares.

Chief Executive Michael Dell spoke at a Goldman, Sachs & Co. technology conference in New York this week and said he expects growth in unit sales in the overall PC market to slow to about 17 percent annually in coming years from about 19 percent for the past three. Dell, he said, will far exceed those rates. ''I'm confident Dell will continue to grow significantly faster than the industry,'' Dell said.

Source:Bloomberg or was it Reuters?

The company was criticized in July for making comments on a conference call that sent its shares down 4.4 percent.