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

To: arthur pritchard who wrote (126778)	5/19/1999 11:58:00 AM
From: edamo	Respond to of 176387

arthur...talk about giving...thanks as always... looks like techs not as dead as some are saying...

To: arthur pritchard who wrote (126778)	5/19/1999 11:59:00 AM
From: Dorine Essey	Read Replies (1) \| Respond to of 176387

Dell, the most active stock, fell 4 13/16 to 39 1/4. The world's biggest direct seller of personal computers reported fiscal first-quarter earnings of 16 cents a share after the market's close yesterday. While that matched analysts' estimates, some analysts had predicted Dell would rebound from last quarter's slowdown in sales growth with earnings as high as 18 cents a share. ''Dell's revenue was a little bit light compared to expectations,'' said Jacques Marmillod, the head of U.S. equity research at Picet & Cie. in Geneva. ''We prefer to see companies beating estimates.'' Dell, which had been the top performer in the S&P 500 for three years running, has dropped 28 percent since a high Feb. 2.