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Sunday, August 11, 2013

For Dell, buyout uncertainty adds to poor PC sales outlook, (NASDAQ: DELL)

Months of public bickering, secretive backroom negotiations and eleventh-hour deals for control of Dell Inc belie the fact that the combatants are vying for a company facing steadily declining sales prospects. The tussle between Chief Executive Michael Dell and firebrand activist investor Carl Icahn is also starting to spook some customers.It's the last thing a company, grappling with the ever-darkening global outlook for personal computers, needs. IDC estimates Dell's PC shipments slid 4.2 percent in the second quarter, compared to a year earlier.Some customers have begun asking if Dell is even going to be around in the longer term, said Michael Gavaghen, vice president of sales and marketing at Florida-based Dell reseller SL Powers. Sales are taking longer to close as well, he said."We hold their hand and gently say to just table the purchasing decision another few weeks," said Gavaghen. He stressed, however, that customers are "not fleeing by any means."

Dell, Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Shares of DELL fell by 0.07% or $-0.01/share to $13.74. In the past year, the shares have traded as low as $8.69 and as high as $14.64. On average, 25619500 shares of DELL exchange hands on a given day and today's volume is recorded at 14067965.



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