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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 267.08-0.4%3:59 PM EST

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To: Joe S Pack who wrote (196)10/31/2001 2:00:59 PM
From: Proud_Infidel   of 25522
 
Dell Sees PC Growth Over 4-5 Years

Oct 31 1:16pm ET

NEW YORK (Reuters) - Dell Computer Corp. chief executive Michael Dell said on Wednesday that personal computer sales will grow over the next four to five years in the high single digit percentage range.

Speaking to investors at the Prudential Securities technology conference, Dell also said he sees near-term growth in sales of PC's to consumers.

"I believe the consumer selling season in the fourth quarter is going to be pretty good," Dell said. "The fourth quarter is always a good quarter for consumers. I think it will be a good quarter this year, as well."

Dell also said he sees more mergers and acquisitions in the computer industry. "I think the likelihood of further industry consolidation is very high," he said.

Dell's archrival, Compaq Computer Corp. , announced plans to merge with Hewlett-Packard Co. in September.
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