SI
SI
discoversearch

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 : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (5564)2/16/1999 7:02:00 PM
From: DennyKrane  Read Replies (1) | Respond to of 17679
 
DELL COMPUTER reported
results that met expectations as revenue
surged 38%, and approved a two-for-one
stock split. But disappointed investors sent
the company's shares lower in after-hours
trading.
JMR



To: TheBusDriver who wrote (5564)2/16/1999 7:15:00 PM
From: B. A. Marlow  Read Replies (1) | Respond to of 17679
 
(Semi O-T) Yeah, weak market open. Street hates DELL's results.

DELL didn't make the "whisper" earnings number, which was a couple of cents higher than it reported. Also, DELLs revenue number was short of fantasyland. Never mind that its quarter kicked butt. No mercy in this market. The very anticipation of this story had everything to do with today's crummy market action and tech weakness.

What a joke. DELL got clocked in after-hours trading. At one point, down almost $14 from the close, to $75.50!

BAM

(To DELL in a handbasket, no position...)

msnbc.com