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Technology Stocks : Dell Technologies Inc.
DELL 125.14+2.2%2:07 PM EST

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To: kemble s. matter who wrote (160520)9/8/2000 7:08:56 PM
From: calgal  Read Replies (1) of 176387
 
Hi Kemble: I am still looking at news. :)Leigh

Personal computer shipments picking up in U.S.
09-07 0240 NEW YORK, Sept 7 (Reuters) - Following "sluggish" firsthalf growth, U.S. shipments of personal computers are expectedto increase in the third quarter, research firm InternationalData Corp said in a report released Thursday. IDC revised its forecast of third-quarter U.S sales upward to almost 13 million units, representing a 10.6-percent gain year-over-year. "U.S. home PC volume is expected to improve based onback-to-school sales," said Bruce Stephen, IDC group vicepresident. The United States joins a global pick up in PC shipments,which should reach 33.4 million in the fourth quarter, IDCsaid, an 18.5 percent increase over the year-ago period. IDC saw "heated growth" in the Asian Pacific and Japanesemarkets for consumer desktops and portable PCs. Vendors strongly positioned there, such as Compaq ComputerCorp. (NYSE: CPQ), Dell Computer Corp. (NASDAQ: DELL), Hewlett-Packard Co. (NYSE: HWP) and Gateway Inc. (NYSE: GTW), are poised to benefitfrom year-on-year growth of 36 percent in Asia and 35 percentin Japan. Japan's strong performance was tied to consumer PCconsumption and an ongoing recovery in the commercial market. Western European markets, where Internet demand and retailpackages should spur fourth quarter gains, are expected to post14.5 percent growth year-over-year. IDC also reported ananticipated recovery in European commercial sales. ((Sarah Rose, New York Newsdesk 212 859-1700)).

Copyright 2000 Reuters Limited.

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