What is MD smoking these days. He must be getting the munchies because he is looking more and more like a inflated balloon everyday. Speaking of being inflated, it seems as though MD is desperate to keep DELL's stock price up; possibly because he wants to sell more of his shares for diversity sake.
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Dell's Michael Dell on the Internet, PC Market: Company Comment
Atlanta, June 25 (Bloomberg) -- Michael Dell, chairman and chief executive of Dell Computer Corp., comments on Dell's growth and the PC market. He speaks at the Forbes CEO Forum in Atlanta.
''The PC will thrive in an era of network-centered computers. When you get broadband information, you want a PC that can handle that.''
''The data we have is that over 50 percent of the people who get a broadband connection replace their PCs in the first year. When you get a broadband connection, you want a PC that can handle that.''
''Our business model has been so resilient that there's almost nothing we can do to screw it up. It's important to us to make sure we don't do everything.''
''If you've got the right cost structure, you can grow faster than the industry.''
''It's not that the industry's declining. It's a share shift that's going on.''
''We have 55 percent of the profitability of the entire PC industry. This comes by having the lowest cost structure and the most efficient business model.''
Jun/25/1999 17:45
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