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: JRI who wrote (110222)	3/19/1999 11:09:00 AM
From: Ian@SI	Read Replies (3) \| Respond to of 176387

Briefing's analysis follows: Target for Dell is $95 -$100 area. :-))) ++++++++ Dell (DELL): Company defined build-to-order business model in the computer industry. While others have moved in this direction in an attempt to mirror DELL's success,nobody does it better than DELL. Management has done an excellent job of growing market share without getting caught up in aggressive price cutting. Focus on corporate market has helped company maintain relatively high ASPs and gross margins. Though there is some concern that corporate America will slow spending on IT in 1999, particularly in the second half of the year, DELL's superior international growth should offset any slowing in the US market. High multiples relative to rest of PC industry could scare off some, but given that DELL continues to grow top and bottom line by nearly 50% a quarter, more than happy to pay the premium. Stock spent several weeks moving sideways while rest of tech sector took off. In recent weeks, DELL beginning to play catch up. Excitement over upcoming earnings and continued strong PC demand likely to keep stock on an upward path. Our initial target is in 95-100 area. ++++++++++++ Emphasis added by me...