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: Dorine Essey who wrote (100045)	2/16/1999 8:40:00 AM
From: Mohan Marette	Respond to of 176387

<World Economy> Russia's Trade surplus double in Q4. Well look Dorine even the Russians are coming up with some good numbers here and there though they are still in deep do-do. ========================= Top Financial News Tue, 16 Feb 1999, 8:33am EST Russia's Surplus Doubles in 4th-Qtr as Ruble's Fall Makes Exports Cheaper Russian 4th-Qtr Trade Surplus Widens on Devaluation (Update4) (Adds economist comment in 3rd paragraph.) Moscow, Feb. 16 (Bloomberg) -- Russia's trade surplus more than doubled in the final quarter of 1998 after the ruble's drop in August drove up the cost of foreign goods and made exports cheaper, boosting domestic production. The surplus widened to $9.7 billion in the fourth quarter, compared with a $4.5 billion surplus in the third quarter, the Bank of Russia said. The weaker ruble gave Russian exporters a much- needed lift after explosive growth in imports since the 1991 collapse of the Soviet Union. Before August, imports were on track to overtake exports -- mainly oil, gas and other commodities. ''Russian exports have become more competitive and industrial production has been growing since October,'' said Peter Westin at the Russian European Centre for Economic Policy. ''The devaluation changed the whole forecast for 1998. This is good for the economy.'' The central bank ran short of foreign currency reserves and quit defending the ruble in mid-August. By Oct. 1, the beginning of the fourth quarter, the ruble had fallen more than 60 percent. It fell by more than 70 percent by year's end. Prices of imports tripled compared with cheaper domestic goods, while payments to foreign producers often were delayed because of the near-collapse of hundreds of Russian banks. Exports such as oil, gas and metals also increased in the last quarter as the devaluation made companies' production costs cheaper....

To: Dorine Essey who wrote (100045)	2/16/1999 12:28:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

Oh great, another 'sequential fan' from CNET News.(In reply he writes..) Hi Dorine: Here is what I got in reply from Michael Kanellos.This is great another Kumar/Niles fan,sheeesh. Looks like Michael is disappointed in me as I was with his reporting,oh well.<vbg> ----Original Message----- From: Michael Kanellos <michaelk@cnet.com> To: Mohan <mohanmarette@earthlink.net> Date: Tuesday, February 16, 1999 10:45 AM Subject: Re: 'Dell suffering from battle fatigue?' just look at the quarterly sequential sales, mohan. Your failure to see beyond your bottom line really disappoints me. ===================================== At 07:05 AM 2/16/99 -0600, you wrote: >>>> Michael: As a avid reader of your publication on the net and as a long time shareholder of Dell your article mentioned here really disappoint me. What do you the "National Equirer" of Tech News now? In spite of what Kumar and Dan Niles have said there is no evidence that Dell is suffering from battle fatigue or anything remotely close,if anything the 'other guys' are running scared and frantically trying to emulate the 'the Model'. In you own admission Dell is to report $1.06/share for fiscal 1999 as opposed to 0.64 for fiscal 1998,that is a whopping 65.6% increase in YOY earnings,does that look like 'battle fatigue' to you? If you have done any research you would have also known that according to both IDC and Dataquest Dell is closing the gap both here and aborad fast and that Dell has increased their market share worldwide and here at home and further more the report also reveals that Compaq,IBM and others are losing ground. A little less sensationalism could go a long way in establishing credibility with your current readers and potential readers. In your frantic desperation to win more 'eyeballs' sticking to the facts at times may prove to be a luxury but what is that got to do with honest reporting. You could have waited until the company reported earnings or you could have at least be little less sensational with the 'Caption' and everything. Oh well perhaps that is asking for too much these days, 'Golden boy looking a bit tired', my ASS-et. Regards Mohan Marette/A Dell shareholder ============================ Dell earnings could show signs of slowdown By <mailto:michaelk@cnet.com>Michael Kanellos Staff Writer, CNET News.com February 16, 1999, 4:00 a.m. PT Golden boy Dell is looking a bit tired. A slowdown appears to be in the cards for <http://www.dell.com/>Dell Computer, which reports earnings today after the market closes. The stock dropped more than 10 percent in anticipation of the conference call and closed trading Friday below 90. <http://www.hp.com/>Hewlett-Packard will report earnings today as well, at 1 p.m. PT. Few analysts, if any, are reading a crisis into the situation. The Round Rock, Texas, company is expected to report 31 cents in earnings per share for the fourth quarter, compared to 20 cents per share for the same quarter year before. For the year, Dell is expected to report earrings of $1.06 for fiscal 1999, which ended in January, compared to 64 cents a share for the previous year.