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

To: JRI who wrote (111788)	3/24/1999 4:35:00 PM
From: Lancer	Respond to of 176387

OT-Last news from Italian Television: bomb run going on, some military obj in Serbia hit hardly.-Some Serbian Mig29 Fulcrums shoot down by NATO interceptors - Serbians declare 1 NATO aircraft hit by anti-aircraft defence. Regards to all - Lancer

To: JRI who wrote (111788)	3/24/1999 4:45:00 PM
From: Eggolas Moria	Read Replies (1) \| Respond to of 176387

<<Margins....they have been going up over the last year and half....please show us some proof of eroding margins... >> From 3Q99 10-Q: "The Company's gross margin as a percentage of consolidated net revenue decreased from the second quarter to the third quarter of fiscal 1999." Gross margin in the fourth quarter was 22.4% according to the press release. According to the 3Q99 10-Q, the gross margin was 22.5%. Therefore, for at least the last two quarters, the company has experienced a sequential decline in gross margin. Whether that meets your definition of erosion or that of the previous poster, I'll leave to the two of you to decide. The market already made its initial determination, right or wrong.