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

To: edamo who wrote (117164)	4/13/1999 5:23:00 PM
From: D. Swiss	Respond to of 176387

ed a, you got it baby, Dell and others are buying the drives that will lead to strong sales as MIkey and his crew indicated last Thursday. Its going to be Dellabration time come third week in May. :o) Drew

To: edamo who wrote (117164)	4/13/1999 5:26:00 PM
From: JRI	Read Replies (3) \| Respond to of 176387

drew, edamo..I looked at Intel's history before the report, but on Drew's comment, I took another look... Last year, revs. fell from 6.5B-6.0B (4Q-1Q), or a greater than 7% decline... So, this quarter's decline 7.6-7.1B (or greater than 6% would point to seasonality as the major factor... Some would argue, yeah, but they released PIII during the quarter...but didnt they lauch PII last year during Q1? If they did, that would cancel that factor..

To: edamo who wrote (117164)	4/13/1999 9:56:00 PM
From: kjhwang	Read Replies (2) \| Respond to of 176387

Edamo et al. Don't want to burst your bubble since I am a strong Dell bull, but I believe that SEG is somewhat isolated from a pc slowdown (seasonal or whatever) and may not be a good indicator for the pc market, see below clip from wall st. journal. I would like to be optimistic but do not wish to get caught blindsighted again w/dell like last qtr. At least it seems that the server biz. is doing fine... TCI Seagate Technology Inc. reported pro forma earnings late Tuesday that topped analysts' estimates. For the fiscal third quarter ended April 2, the Scotts Valley, Calif., disk-drive maker reported net income of $82 million, or 34 cents a diluted share, reversing a net loss of $129 million, or 53 cents a share, in the year-ago period. The latest period included a $60 million restructuring charge; excluding the charge, pro forma net income was 49 cents a share. That topped the consensus estimate of analysts surveyed by First Call for net income of 46 cents a share. Revenue, meanwhile, climbed 7.7% to $1.81 billion from $1.68 billion in the year-ago quarter. The disk-drive industry was roiled last year as an industrywide glut hurt prices. But the excess inventory has been coming down steadily for three quarters, analysts said. Seagate was somewhat shielded from the weakness in the PC business because of healthy demand for disk drives used in large computer servers, said James Poyner, an analyst at CIBC Oppenheimer Corp. "The server market held up OK," he said.