News Update: Dell CEO Michael Dell Sees $60 Billion In 2010 Revenue, Boasts New Streak

While speaking at Oracle OpenWorld, Dell (NASDAQ:DELL) CEO Michael Dell said that the company has seen approximately 20% growth over the past two quarters and it is on pace to net about billion in revenue this year. The company’s new 5-inch Streak device is scheduled to be rolled out at Best Buy (NYSE:BBY) next month. SmarTrend currently has Dell in a Downtrend. Since 2008, SmarTrend subscribers trading Dell using our alerts outperformed the stock by 114%. We are monitoring these developments and will alert subscribers to any change in trend. Dell Inc. offers a wide range of computers and related products. The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services. Dell serves consumers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.”
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