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

To: hsg who wrote (105995)	3/1/1999 6:34:00 PM
From: Richie	Respond to of 176387

According to Bob Pisani on CNBC...... Dell trading at 79 on instanet....... guess this would be due to the warning by Micron. RichieH

To: hsg who wrote (105995)	3/1/1999 7:05:00 PM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 176387

>>CNNfn after the bell Micron issues warning, Walter sees problems, STAR Telecom beats Street << OH NO Not again. I guess we are going to have another jerk brokerage house or analysts tomorrow issue a downgrade 30 minutes before the bell. Everybody is now taking turns jumping on the gloom and doom bandwagon to drive techs down. Frank

To: hsg who wrote (105995)	3/1/1999 7:47:00 PM
From: Mohan Marette	Respond to of 176387

IBM's internet sales reaches $1B per month (still less than 15% of total Rev) hsg: I don't know there is any slow down in PC sales as pundits and media would have us believe.There may be some seasonality issues here which might be company specific and also it might have something to do with companies following different fiscal year accounting methods which again might be company specific. For example Micron is talking about their Q2 99 quarter ending on March 5th in the press release. Dell as you know finished their fiscal year 1999 in Jan and started their Q1 00 in Feb. The slow down Compaq is talking about might have something to do with their channel stuffing (we know it is,if you don't believe me ask Jim Kelley <g>.I also heard Compaq's is taking huge hit in their operating assets due to the Brazilian 'real' devaluation since January. So you see different reasons for different companies,this of course is just my opinion based on what I have read and nothing more. Now here is an interesting piece of news from IBM ========================= IBM Says Internet Sales Rise to About $1 Billion a Month IBM Says Internet Sales Rise to About $1 Billion a Month Armonk, New York, March 1 (Bloomberg) -- International Business Machines Corp. is selling about $1 billion a month online and expects to save $340 million this year as the No. 1 computer maker uses the Internet to reach buyers and cut costs. Last year, the company sold a total of $3.3 billion of software and computers via the Internet. IBM is looking to duplicate the success of Dell Computer Corp., the world's top direct seller of personal computers, Cisco Systems Inc., the No. 1 networking company, and others that conduct business online. Companies like Dell and Cisco sell their products via the global computer network and save money by purchasing parts and answering customer requests online. ''They are doing what Dell and Cisco have been doing successfully for some time,'' said Ulric Weil, an analyst at Friedman, Billings, Ramsey & Co., who rates IBM ''buy.'' Armonk, New York-based IBM will save $240 million this year by purchasing materials electronically. It will conduct more employee training on the Internet to save another $100 million. IBM also will switch more of its customer service to the World Wide Web. ''The Internet is 70 percent to 90 percent cheaper than any (service) transaction involving a human,'' said Richard Anderson, IBM's general manager of enterprise Web management. Dell, based in the Austin suburb of Round Rock, Texas, expects Internet sales to account for half of its sales in two years. Dell plans to further cut inventory levels by buying components on the Internet. San Jose, California-based Cisco sells $10 million of products every day via the Internet and provides almost all of its customer service on the World Wide Web. In November, John Chambers, Cisco's president and chief executive, said the company saved $500 million by using the Web. Distributing software via the Internet instead of on compact disks or floppy disks accounted for about half of the savings. IBM fell 1 3/8 to 168 3/8.

To: hsg who wrote (105995)	3/1/1999 8:07:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

...and another thing about Micron------> hsg: Also note that Micron closed down their Japanese operations and that means a write off of another 4 million or so dollars not to mention lost sales from Japan. Now here are some comments from the 'experts' on the subject of PC sales growth or lack of it. ============= .......'On the other hand, the first part of the year is typically slow and the large PC makers continue to take market share away from other vendors. Dell, after all, still experienced a 38 percent growth in its first fiscal quarter. In addition, expectations for a stronger than usual first quarter have been fueled by a surge in PC buying in the last part of the year. ........... Salomon Smith Barney analyst Richard Gardner lowered his earnings per share estimates from 34 cents to 30 cents for the first quarter on Compaq but for a different reason. The devaluation of Brazil's currency has dropped the value of the company's inventory by $100 million, which is the chief cause of the revenue shortfall. While he acknowledged Compaq's admitted shortfall, Gardner did not believe it spelled a trend, yet. "......., we are not prepared to conclude based on several months of slower growth that there is a fundamental problem with PC demand--January and February are never great indicators of how March quarter demand as a whole will come in." -Rchard Gardner (Salomo Smith Barney)