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: Mehitabel who wrote (125713)	5/18/1999 12:37:00 AM
From: jim kelley	Read Replies (3) \| Respond to of 176387

Analysts to Tar and Feather Oh well what the hell, I guess I'll fill in Don Young too. Ashok Kumar, Piper Jaffray - Expects $0.16 in Q1 00, in line with expectations. - Expects revenues of $5.5 B, but allows for a possible $150-200M extra. - "We just don't think Dell has sustainable momentum" - "Right now the direction seems to be very negative" though he has a buy rating on it. - Points to signs that the 'Y2K lockdown' has started, even though no signs exist. Steve Milunovich, Merrill Lynch - Expects Dell to pick up, citing large backlog at end of Q4 99. - "Our surveys show Dell generally gaining share in corporate accounts." - Expects gross margins to decline to 22 percent from 22.4 percent in Q4 99, due to sales of sub-1K PCs and a shortage of notebook parts. Cody Acree, Southwest Securities - "The expectations are back at a higher level." - Rates the stock "Accumulate." - "If they come in at 38 or 39 percent, I think there's going to be some cause for concern." Don Young, PaineWebber - Cuts Dell to neutral from attractive. - Cites industry-wide problems, ignoring HPW, IBM and others. - Apparently has fallen off the face of the earth to avoid explaining his downgrade. - "The execution problems of the indirect channel could begin to put a drag on Dell's financials..." - "To Dell's credit, the company is clearly the best positioned PC hardware manufacturer with its superior direct model execution" - Confused