T. Rowe Price Big Q2 Buyer of Dell (DELL)

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T. Rowe Price Big Q2 Buyer of Dell (DELL) Powered By Docstoc
					Robert DeFrancesco’s
TechStockProspector.com
August 21, 2012


T. Rowe Price Big Q2 Buyer of Dell (DELL)
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*Strategy Update: Q2 tech earnings
*NetSuite firing on all cloud cylinders
*OpenTable delivers tasty results
*Unlocking value in Symantec
*Qlik Technologies navigates European slowdown
*Guidewire Software moves insurers to the cloud
*Is Akamai Technologies getting its momentum back?
*LinkedIn making social work
*Why some big money managers like Ultimate Software
*Assessing Citrix Systems amid the changing networking landscape
*Is Palo Alto Networks worth the price?
*Sourcefire builds its networking security deal pipeline
*Riverbed Technology bounces back on improved execution
*Acme Packet pushes out rebound hopes to 2013
*More new highs for one small-cap cloud-software player
*TSP Deal Report: Eloqua IPO revs up

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T. Rowe Price must see something of value in Dell (DELL, $12.34)
because the money manager was the biggest buyer in the June quarter,
adding 24.4 million shares.

The position boost of 58% brought T. Rowe Price’s Dell holdings up to 66.2 million
shares, making it the #2 investor behind Southeastern Asset Management, which
owns 132.5 million shares.

Another big Q2 buyer, Dodge & Cox, opened a position of 24 million shares.
Perhaps these investors are looking for continued solid growth in Dell’s enterprise
unit, which represented more than a third of fiscal Q2 revenue and is approaching a
$20-billion annual revenue run rate.

The company’s Server & Networking business unit grew 14% year over year in the
latest quarter and accounted for 16% of total revenue.

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Description: Some money managers still finding value in Dell