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Technology Stocks : Dell Technologies Inc.
DELL 120.49+0.7%Jan 16 3:59 PM EST

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To: calgal who wrote (172474)2/27/2003 11:58:36 AM
From: kemble s. matter  Read Replies (1) of 176387
 
Leigh,
Hi!!

"We have an objective in China and Japan to grow at multiples of the market," Bill Amelio, Dell Asia Pacific/Japan president, told Reuters in an interview in Hong Kong. "If the industry grows at three percent, we want to grow at three times that."

The IDC preliminary data show overall PC shipments to China numbered around 11 million last year versus about nine million in 2001.

With China's PC market expected to grow about 17 percent this year, Dell's bullish forecast means the company believes it can grow by some 50 percent, boosting its market share to about 7.7 percent, said Sieh Tien-yu, an analyst at Merrill Lynch.

Dell showed that it is capable of such rapid growth in the fourth quarter of last year, when its unit sales jumped 72 percent from a year earlier, according to Amelio.

"under promise...overachieve"...

Best,Kemble
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