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

To: TwoToTango who wrote (98904)	2/13/1999 5:43:00 PM
From: Walcalla	Respond to of 176387

Just a little follow up to your post. Salomon said it was "comfortable" with its 31 cents share earnings estimate, but that it did not expect to be positively surprised above that level. The brokerage said that, given recent competition, it may have been too optimistic that Dell's computer selling prices would remain firmer. Nevertheless, it said strong profit margins would offset any revenue shortfall. Other brokerages contended, however, that Dell was doing just fine. In contrast to the naysayers, Credit Suisse First Boston said Dell was "on track to meet or beat" its fourth quarter earnings estimate of 31 cents per share and it also said revenues appear to be ahead of its $5.4 billion estimate. Even with heightened corporate competition, Dell is still growing at a much faster clip than its rivals, Warburg Dillon Read LLC analyst Charles Wolf said. The company has continued to grow at roughly three times the rate of Compaq, the No. 1 overall supplier of PCs, according to industry estimates. "It's difficult to believe that the competition has heated up to the point that Dell will report a weaker quarter," Wolf said in a telephone interview. A Dell spokesman declined to comment on its results ahead of the earnings