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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 9:30 AM EST

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To: kemble s. matter who wrote (140837)8/28/1999 8:48:00 AM
From: gnuman  Read Replies (1) of 176387
 
Kemble, re: <I'm stunned by the speed DELL is growing in the internet sales..One year ago they were growing at $6 million per day...Now, $30 million and at 40%...Seems like DELL has "deceived us again"... :o) They projected 50% by 2000 end...Unless the entire corporation goes on vacation for a year and half we'll be blowing by that number real soon...>
Exciting numbers, but it should also be noted that revenue growth on the internet does not equate to corporate revenue growth. It merely signifies the rapid change from historic methods of order entry to the internet. Many orders that were previously placed by fax or phone are now being placed over the net. I read that Intel now does $1 billion/month of e-commerce on the net. But it was acknowledged that this has basically displaced other methods of order entry.
JMHO's
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