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Technology Stocks : Dell's Daytraders Decision Site
DELL 144.22-3.3%11:39 AM EST

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To: Larry who wrote (761)8/21/1997 7:28:00 AM
From: PHIL K.   of 1124
 
Larry and ALL..
More DELL fuel.......

Dell servers spark strong Europe growth

Reuters Story - August 21, 1997 06:38

FRANKFURT, Aug 21 (Reuter) - Dell Computer Corp
said on Thursday soaring server sales powered a 42 percent rise
in European sales to $620 million in its fiscal second quarter,
despite the effects of the strong dollar in two key markets.
In Germany and France, sales in the three months ending
August 3 rose more than 60 percent in local currency terms, but
the strength of the U.S. currency trimmed that to 46 percent in
dollar terms, Hans-Juergen Mammitzsch, head of Dell Computer
GmbH, told Reuters.
Sales in Britain rose 37 percent, but were less affected by
exchange rates because the pound has remained strong against the
dollar, he said before a news conference.
"Our direct business model is winning acceptance in Europe,"
Mammitzsch said. "We are not dependent on the market for
growth."
Dell on Wednesday reported second-quarter net profit rose
108 percent to $214 million as worldwide sales climbed 67
percent to $2.8 billion.
In Europe, Dell outstripped market growth rates in all
segments of the personal computer industry, the company said,
using figures from market researcher International Data Corp
(IDC).
In the second quarter of the calendar year, Dell's desktop
PC sales in Europe rose 43 percent in unit terms, while the
desktop market in the region rose 10.6 percent, according to IDC
figures.
Dell sales of servers -- computers that distribute
information to "clients" on a network -- soared 244 percent,
versus European market growth of 35 percent. In portable
"laptop" PCs, Dell's unit sales climbed 73 percent, compared to
14 percent market growth in the April-June period, IDC said.
Dell controlled 5.7 percent of the total European PC market,
ranking fourth behind Compaq Computer Corp. , IBM Corp.
and Hewlett-Packard Co. .
It was fifth in servers with a 6.5 percent share, ninth in
desktops with 5.8 percent and eighth in portables with 5.3
percent, according to IDC.
Mammitzsch said a line of workstations that began shipping
this month would help the company maintain its rapid pace.
Workstations combining Intel Corp.'s Pentium II
processors with Microsoft Corp.'s Windows NT operating
system were rapidly taking sales away from high-powered machines
built around proprietary chips and versions of the Unix
software.
According to IDC, sales of Intel-based windows NT
workstations were poised to rise 42 percent annually over the
next four years, and had the potential to become an even larger
segment than servers.
Workstations are powerful computers used to run complex
financial, scientific and engineering programmes.
"We see the possibility to grow very strongly through the
year 2000," Mammitzsch said. "It shouldn't be a problem for us
to keep growing."

Good luck to all
Phil k.
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