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: Fred B. who wrote (125529)	5/17/1999 3:00:00 PM
From: TechMkt	Respond to of 176387

It's looking gooooood!!! Fez _________________ Dell Computer's 1st-Qtr Profit Seen Rising: Earnings Outlook Expected Earnings Dell Computer Corp., the No. 1 direct seller of personal computers, is likely to report a fiscal first-quarter profit of 16 cents a share, according to the average analyst estimate from First Call Corp. Dell earned $305 million, or a split-adjusted 11 cents, in the year-earlier period. Time The company, based in Round Rock, Texas, near Austin, will report results for the quarter ended April 30 tomorrow after the close of U.S. trading. Behind the Numbers Analysts forecast revenue will rise as much as 45 percent, to $5.7 billion from $3.92 billion. Dell gained two percentage points in worldwide PC market share during the first three months of the year, according to market researcher Dataquest Inc. The increase came at the expense of rival Compaq Computer Corp., the No. 1 PC maker, whose market share declined about a point. Dell is pressing its strategy of selling PCs over the Internet and the telephone, while Compaq, which sells primarily through retailers and a network of dealers, has faltered. At the same time, Dell's sales growth in its fiscal fourth quarter slowed to 38 percent -- its lowest level in two years. Investors are looking for a rebound in the first quarter. What the Experts Say ''The expectations are back at a higher level,'' said Cody Acree, an analyst at Southwest Securities Inc. in Dallas, who rates the stock ''accumulate.'' ''If they come in at 38 or 39 percent, I think there's going to be some cause for concern.'' Previous Market Reaction Dell shares tumbled 8.1 percent on Feb. 17, a day after the company reported the 38 percent sales increase. It was the first time in two years that sales growth was less than 50 percent. Market Performance Dell shares rose 3/8 to 41 9/16 in recent trading. The stock, the best performer on the Standard & Poor's 500 Index for the last three years, has gained 14 percent this year. May/17/ 99 13:41

To: Fred B. who wrote (125529)	5/17/1999 3:14:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

<<How about the absolute silence from Dan Niles. Being the most negative analyst on DELL, you would think he would have something to say today.>> Mr. Niles from BBRS did speak up this morning. I just spent a while on First Call reading the many new comments on DELL. Over 90% are positive. Only BBRS and Salamon Smith Barney are not really recommending DELL at this time.... BBRS -- Niles says DELL will hit the numbers but due to DELL's high P/E and outlook he will maintain a "market perform" rating on DELL. SSB -- DELL will meet or exceed expectations -- concerns about competitive pressures. Nuetral Rating and $30 price target. (These jokers haven't been right about DELL as long as I have been following the stock). ------------------------------------------------------------------------------------------------------ Check out some of the more bullish comments made this morning.... Dillon Read -- DELL (Buy) -- expect upside surprise in Rev. and earnings. ING Barings -- DELL (Buy) -- expect solid Q1 report. Merrill Lynch -- DELL (Buy) -- Solid Qtr. expected. Purity of DELL's B. model is attractive vs. hybrid models. Cowen -- DELL (Buy) -- Expect solid Q1 report. Project 40% + rev. growth and management likely to be upbeat. Soundview Financial -- DELL (Buy) -- Revenue of $5.675 Billion looks do-able. DELL is well positioned to capture upside for strong gov't spending for 2H99 for Y2K -effect. We continue to like DELL under $50. Bear Stearns -- DELL (Buy) -- DELL should do it. There's no room for excuses this time, nor do we expect any. All of the stars appear to be properly lined up for DELL when the company reports Tuesday. We are expecting good things. Stay tuned. --------------------------------------------------------------------------------------------------- Well, Many of the analysts seem to get it, IMO. This is as bullish as they have been on DELL going into earnings in A LONG TIME. I must sign off now and attend a meeting. Hope the comments help. I expect DELL to rise significantly in the next 2 weeks. Best Regards, Scott