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Technology Stocks : Dell Technologies Inc.
DELL 126.59-1.0%2:31 PM EST

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To: SecularBull who wrote (164877)4/20/2001 2:32:43 PM
From: kemble s. matter  Read Replies (1) of 176387
 
Hi!!

Can you believe that anyone selling this stock today read this?

``Market-share rankings are essentially election returns from our customers, and the trend in their voting has been unmistakable for some time,'' said Mr. Dell. ``Customers increasingly prefer the better value, flexibility and scalability of industry-standard computing products over the cost and complexity of proprietary technology.

``This is a milestone for our company and our people, and we're rightfully proud, but the greatest opportunities for customers and for Dell are still ahead of us.''

New industry data suggest Dell accounted for more than 95 percent of overall growth in global industry unit shipments. Analysts estimate that the company's volumes rose nearly 10 times faster than the combined industry rate, as Dell's market share increased by almost three full points to 12.8 percent. In the United States, analysts said Dell grew more than 30 percent from the year-ago quarter, while total industry shipments in the country declined by more than 3 percent.

Dell believes that it continued to show particular strength in shipments of servers, storage products and notebook computers, all strategically important product categories.

Mr. Dell acknowledged that the current demand environment is ``a challenging one,'' but said the company's efficient, customer-focused direct business model is particularly well suited for the situation.

``Dell products and services are in high demand, especially in the enterprise categories--servers, storage products and workstations,'' he said. ``Our costs are the industry's lowest, and we're passing along sharp component-cost declines more quickly than competitors.''

Dell plans to announce operating results for its fiscal first quarter on May 17.
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