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


To: Dorine Essey who wrote (100765)2/16/1999 5:16:00 PM
From: Serge Collins  Read Replies (1) | Respond to of 176388
 
Splitting a stock that is headed down is a recipe for disaster. This is a sure fire way of taking the excess air out of the Dell balloon.



To: Dorine Essey who wrote (100765)2/16/1999 5:17:00 PM
From: Moneysmith  Read Replies (1) | Respond to of 176388
 
Here's what MD thinks:

2 17:06 T =Dell CEO -2: Defends Revenue Growth Rate Of 38% >DELL


By Christopher Grimes

NEW YORK (Dow Jones)--Dell Computer Corp. (DELL) founder and Chief Executive
Michael Dell said his company performed better than its competitors in the
fourth quarter and still has a lot of growing to do.
As Wall Street begins to show concern that the company's rapid growth may be
ebbing, Dell said his company showed unit and revenue growth that was
"significantly faster than the industry" rate.
Some analysts warned last week that the company's revenue growth is slowing.
Indeed, Dell's revenue of $5.2 billion came in shy of some Wall Street targets,
though it was up 38% from a year ago.
"To be fair, it wasn't the highest growth rate Dell's ever seen," Dell said
in an interview with Dow Jones. "But it certainly was not the lowest either."
He said unit sales increased 55% from a year ago, but by only 9% from the -
third quarter to the fourth. Computer sales over the Internet rose to $14
million a day, compared with $10 million a day in the third quarter.
"So on any real basis, certainly Dell was the best performing company in the
sector," he said. "We grew quite a bit faster than Compaq ... throughout the
year," he said, referring to rival Compaq Computer Corp. (CPQ).
(MORE) DOW JONES NEWS 02-16-99