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Technology Stocks : Dell Technologies Inc.

DELL 135.98

+3.0%

Dec 2 3:59 PM EST

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To: Gabriel008 who wrote (157479)	5/31/2000 2:26:00 AM
From: TTOSBT	Read Replies (1) of 176387

How much of those numbers has factored in an increase of 500% of Dell's current China sales? Should we wait to find out in the next few years? Or should we just assume that Dell will sell more of those "dead pc's" there? biz.yahoo.com Wednesday May 31, 1:32 am Eastern Time Applied Materials sees US$500 mln in China sales HONG KONG, May 31 (Reuters) - U.S. semiconductor equipment maker Applied Materials Inc expects to generate some US$500 million in direct sales to China over the next few years, Chairman and Chief Executive Officer James Morgan said on Wednesday. ``I think it'll grow 500 percent over the next few years,'' from its current annual China sales rate of US$50 million-US$100 million per year, Morgan told Reuters in an interview. ``That should go to a half billion (dollars) a year or more,'' he added. Although Applied Materials has sold equipment in China for about 15 years, Morgan said China's pending entry into the World Trade Organisation will create more sales opportunities for the company as semiconductor makers set up new plants there to meet demand for devices such as computers, mobile phones and Internet-related equipment. Morgan was in Hong Kong for the debut of trading in Applied Materials shares on the Stock Exchange of Hong Kong as part of a pilot programme that includes six other Nasdaq stocks. Applied Materials shares ended the mnorning session at HK$686 versus a Tuesday Nasdaq close of US$84.94 (HK$662.51). TTOSBT

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