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Technology Stocks : Dell Technologies Inc.

DELL 124.21

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To: kemble s. matter who wrote (157799)	6/10/2000 12:06:00 AM
From: calgal	Read Replies (1) of 176388

Dell forecasts its Asia buyers to grow online By Reuters Hi Kemble! Here's the article on Dell's claims regarding Asia! :)Leigh Special to CNET News.com June 9, 2000, 10:10 a.m. PT KUALA LUMPUR, Malaysia--Dell Computer said today it expects to transact about 70 percent of its Asian business on the Internet by 2001. cnet.com "Our Internet business is about 52 percent of the total business in Asia at the moment," Dell's Asia vice president Ron Goh told a news conference. "We plan to grow that to about 70 percent in the near future." Goh said Dell currently was transacting about $1.7 million a day over the Internet in Asia. Globally, the company transacts about 40 percent of total business, worth about $40 million a day, through e-commerce. Eventually, it plans to conduct all business on the Web, he said. Dell's Asia-Pacific revenue for the first quarter of the year grew by 47 percent compared with the year-ago period, Goh said. He did not disclose the value. Net income worldwide rose to $525 million in the first quarter from $434 million in the year-ago period. Story Copyright ¸ 2000 Reuters Limited. All rights reserved.

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