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Technology Stocks : Dell Technologies Inc.
DELL 125.33+2.0%11:30 AM EST

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To: calgal who wrote (169198)4/4/2002 8:29:01 PM
From: kemble s. matter  Read Replies (1) of 176387
 
Leigh,
Hi!!

RE: "Consumer business has become a bigger part of overall business because of good sales and will continue to match prices where we can to maintain share. Gateway's attempt to hit price parity had virtually no impact on Dell. Since then we've seen Gateway boost prices again and it's hard to determine their strategy. Our consumer strategy is stay aggressive and watch prices but we won't back off since we hold share leadership," said CEO Michael Dell.

The company said it plans to double revenue, but didn't specify a time frame.

In a veiled but casual reference to the proxy battle over the Hewlett-Packard (HWP: news, chart, profile) and Compaq (CPQ: news, chart, profile), Dell chief Michael Dell touted the company's "experienced senior management" with little confusion over the direction of the company.

So modest...Huh?

Best,Kemble
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