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Technology Stocks : Dell Technologies Inc.

DELL 129.12

+2.5%

9:52 AM EST

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To: Sam Bose who wrote (161109)	9/27/2000 6:34:47 AM
From: Sig	Read Replies (2) of 176387

Hi Sam: Yes, Michael is moving around pretty well overseas... biz.yahoo.com >>>`We are still growing faster than the market in Europe. Certainly, the market is not growing very quickly but we are going to see a healthy increase in business there, not as healthy as we would like but certainly more healthy than any other company in Europe is doing,'' said Dell. He said that his company would achieve its forecast that revenues would grow by 30 percent for the full year, despite Intel Corp's (NasdaqNM:INTC - news) warning of slower revenue growth in the third quarter. Dell said he hoped to double or triple its revenue from Asia which accounted for about eight percent of the company's total revenue last year. He said that the company's China and Hong Kong business grew 86 percent last year and that it would open a new plant in the Chinese eastern coastal city of Xiamen, which will have four times the capacity of its existing plant. Asked whether its market position would be threatened by the like of Legend Holdings Ltd , China's largest computer maker,he said Dell's priority was focused on China's business market and not the consumer market. >>> As I recall, the Xiamen plant started with about 350 employees and was doubled about one year ago and now gets quadrupled.Why does Michael keep wasting our money like this when analysts are implying that computer employees will be laid off due to lack of work?

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