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: Frank E W who wrote (119708)	4/21/1999 7:41:00 PM
From: TechMkt	Respond to of 176387

Second to last paragraph is key. Fez IBM Earns $1.5B, Beats Expectations ARMONK, N.Y. (April 21) - International Business Machines Corp., the world's largest computer maker, said Wednesday its first-quarter income jumped 50 percent to $1.5 billion, exceeding Wall Street's estimates, on a 15 percent increase in revenue. However, In a conference call with Wall Street analysts Doug Maine, IBM's chief financial officer cautioned: ''It would be premature to come to any conclusions about the remainder of the year.'' He cited pricing pressures in some business segments, uncertainty about recovery of some world geographic regions and possible customer delays in buying new computers in order to fix Year 2000 software glitches in existing equipment. But in response to an analyst's question about what, if any, evidence IBM had seen that Year 2000 concerns might lead to a further, unexpected slowdown in computer spending in 1999, Maine sought to combat the fear of the unknown. ''There's an absence of anything we're hearing from customers that suggests a slowdown,'' he said. IBM stock took flight and soared in after-hours trading, gaining more than $17.50 to trade at $189.37, adding to a gain of $2.12 during the regular session.

To: Frank E W who wrote (119708)	4/21/1999 8:31:00 PM
From: jim kelley	Respond to of 176387

Re:" relied on information from disgruntled former Compaq executives." Sounds like EP is a disgruntled former executive. Seriously, since the strategy is Ben Rosen's I think that he should resign when he finds out what is going on at the company. <ggg>

To: Frank E W who wrote (119708)	4/21/1999 8:49:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 176387

LOL how can 5fer say the below, the poor man is having delusion. <<"Rosen has repeatedly across the board said [Compaq's] strategy is right," Pfeiffer said. "Compaq is the leader in consumer PCs, which documents that we can lead at the lowest price and make a profit. In that respect, we can operate more efficiently than Gateway (GTW) or Dell (DELL)." I would of fired him for that statement alone. No company comes near DELL in operating efficiently. Greg