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

To: jim kelley who wrote (115371)	4/8/1999 7:32:00 PM
From: Christian Atallah	Read Replies (1) \| Respond to of 176387

Whats your target on DELL? Do you think it can split again this year?

To: jim kelley who wrote (115371)	4/9/1999 12:07:00 AM
From: stockman_scott	Read Replies (2) \| Respond to of 176387

Jim: Key Points From DELL's Upbeat Meeting: <<Merrill Lynch / Steve Milunovich / 4/8/99 --In our view the direct model will be the dominant model in the PC market yet DELL only has a small 9 % share. The company believes the Internet is the single greatest gift ever given to it. We continue to believe DELL will gain share. --We believe the growth opportunities the company outlined sustain its current growth rate. --The Quarter appears to be going well and we maintain our estimate of $0.16 per share. --DELL has discussed venturing into the consumer market, which we believe has scared investors. The company insisted that it does make a good profit in that market. --We got the sense that DELL feels IBM should be out of the PC business, would like IBM to re-sell DELL branded PC's but it is not that interested in selling IBM branded PC's to IBM. At this point, we think the likelihood of a DELL/IBM PC deal is relatively low. --We maintain our Long Term Buy rating on DELL shares.>> Any thoughts?....it sounds fair to me... Regards, Scott