More from Austin, Texas, home of friendly courteous people and DELL COMPUTER COMPANY
(Incidentally next time I panic and want to sell any DELL shares except just to short term trade, tell me to go buy a ticket to Austin first and look at the Dell campus. You would be AWED!!!!! It is growing so fast!!!! A huge server building in operation, just being finished last year. Two new buildings totally finished, just dirt being moved last year....even in this DELL is efficient, from plans to finished move in ready building in 7 months!!!!!!!)
The enterprise market is gowing 30% annually, for DELL 40% annually, DELL is just beinning in the enterprise market.
The internet stimulates demand and is changing the way the world does business. 98bilion internet revenues in 1998 will expand to 1 trillion in 203. This demand is driving business for large companies such as SONY, IBM and others, with whom DELL does business.
The direct model continues to bring business to DELL: there is a 20% higher close rate from Dell.com users.
There is headroom in every major market for geographic expansion. DELL has 8% internet market share in the U.S., 3% in Japan, 4% in Germany 14% in the U.K., 1% in China and undeer 1% in Brazil.
Service expansion..the service market overall can be over $550 billion in 2003. Services are expanding e.g. complete care, expanded free based hardware and software .advanced. tech help. Revenues rom these are up 160% year over year and growing but still a very tiny % of the potential market.
Server, storage and workstations: Moved from #10 to #4 in this lucrative area, from 6 3 years ago to 450 (I think) now with an increase in production space from a conference sized room to a large 300,000 sq ft building!
Dell can add revenues SIGNIFICANTLY in this area.
Shares repurchased: 18 million this year, over 750 million since the inception of the program.
Dell is liquid:over 4 billion in cash, 1.1 billion cash flow from operations. Profitability 42% (I think)
This ended Michael's talk: then there was a q&a period. I want to go to the park now with Denise (Donnie's wife) so I'll be back tomorrow or the next day to tell you all about the q$a.s
Hope my information is all accurate.
DELL is still executing just fine, folks!!!!!!
Freeus |
