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DELL COMPUTER (NasdaqNM:DELL)       Updated Feb 19, 2003

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Laura Conigliaro .......... Goldman, Sachs.....February 19, 2003

New INLINE

DELL Price day before: $26.49 Finish day of posting:$26.11Current:$26.11

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Cliff Su ........................ Lazard Freres.....February 14, 2003

Upgraded to BUY from HOLD

Price Target $30.00

DELL Price day before: $23.25 Finish day of posting:$25.77Current:$26.11

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Luke Fichthorn ............... Lazard Freres.......………May 20, 2002

Downgraded to HOLD from BUY

Price Target $27.95

DELL Price day before: $27.95 Finish day of posting:$27.23Current:$26.11

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Shebly Seyrafi ............. A.G. Edwards......February 14, 2003

Upgraded to BUY from HOLD

Price Target $31.00

DELL Price day before: $23.25 Finish day of posting:$25.77Current:$26.11  

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Charles R Wolf .................... Needham..........February 14, 2003

Upgraded to STRONG BUY from BUY

Price Target $35.00

DELL Price day before: $23.25 Finish day of posting:$25.77Current:$26.11

---------August 06, 2002-----------

Upgraded to BUY from HOLD

Price Target $33.00

DELL Price day before: $23.11Finish day of posting:$24.32Current:$26.11

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Walter J Winnitzki ......... First Albany Corp......February 14, 2003

Upgraded to BUY from NEUTRAL

Price Target $30.00

DELL Price day before: $23.25 Finish day of posting:$25.77Current:$26.11  

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Robert Jacobsen ............. Jyske Bank......February 05, 2003

Upgraded to NEUTRAL from REDUCE

DELL Price day before: $24.43 Finish day of posting:$24.17Current:$26.11  

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Eric Rothdeutsch ....... Friedman, Billings, Ramsey......January 31, 2003

New OUTPERFORM

Price Target $29.00

DELL Price day before: $24.56 Finish day of posting:$25.21Current:$26.11  

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Donald M Young ............ UBS Warburg...........January 21, 2003

Downgraded to NEUTRAL from BUY

DELL Price day before: $24.83 Finish day of posting:$24.75Current:$26.11  

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William Shope ................ J.P. Morgan...........January 13, 2003

Downgraded to NEUTRAL from OVERWEIGHT

DELL Price day before: $27.15 Finish day of posting:$25.98Current:$26.11  

----------August 09, 2002-----------

New BUY

DELL Price day before: $25.59 Finish day of posting:$25.60Current:$26.11

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Steven M Milunovich ......... Merrill Lynch……...........January 06, 2003

Reinstated NEUTRAL

DELL Price day before: $27.79 Finish day of posting:$28.35Current:$26.11  

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Steven M Fortuna ......... Merrill Lynch……...............July 02, 2002

Maintained STRONG BUY (near term)

Price Target: $35.00

DELL Price day before: $25.16 Finish day of posting:$24.54Current:$26.11

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Eric Ross .............. Investec Inc..........December 20, 2002

New BUY

Price Target $32.00

DELL Price day before: $26.81 Finish day of posting:$27.40Current:$26.11

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Joel Wagonfeld ................. Banc of America..........October 30, 2002

Maintained BUY 

Price Target raised to $34.00 from $30.00

DELL Price day before: $28.66 Finish day of posting:$29.06Current:$26.11

----------October 01, 2002 ------------------

Upgraded to BUY from MARKET PERFORM

DELL Price day before: $23.51 Finish day of posting:$24.64Current:$26.11

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Brent A. Bracelin ... Pacific Crest Securities..........October 08, 2002

New BUY

Price Target $30.00 (Hit Target November 04, 2002)

DELL Price day before: $24.95 Finish day of posting:$25.33Current:$26.11

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Mark Specker .... SoundView Technology Group….July 12, 2002

Upgraded to OUTPERFORM from NEUTRAL

DELL Price day before: $23.93 Finish day of posting:$25.03Current:$26.11

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Daniel T Niles ......... Lehman Brothers…….........…July 12, 2002

Upgrade to BUY from MARKET PERFORM

Price Target $30.00 (Hit Target November 04, 2002)

DELL Price day before: $23.93 Finish day of posting:$25.03Current:$26.11

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Richard Gardner ....... Salomon Smith Barney..............June 21, 2002

Upgraded to BUY from NEUTRAL

Price Target $30.00 (Hit Target November 04, 2002)

DELL Price day before: $23.93 Finish day of posting:$23.98Current:$26.11

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Kevin Hunt ............ Thomas Weisel Partners……………May 30, 2002

New ATTRACTIVE

Price target $32.00

DELL Price day before: $26.58 Finish day of posting:$27.02Current:$26.11

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Eric Rothdeutsch ... Robertson Stephens.......………April 04, 2002

Reiterated BUY

Price Target $35.00

DELL Price day before: $26.19 Finish day of posting:$26.75Current:$26.11

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Rebecca Runkle ........... Morgan Stanley.......………April 04, 2002

Reiterated EQUAL WEIGHT/INLINE

DELL Price day before: $26.19 Finish day of posting:$26.75Current:$26.11

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