SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 125.88-1.6%Dec 31 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee who wrote (46099)6/3/1998 10:41:00 AM
From: jbn3  Read Replies (4) of 176387
 
re DELL building plant in Brazil

Thank you, Lee. I believe that Rosemary was the first to post rumors of a South American plant, but this is the first hard corroboration I've seen.

... (Topfer)...''We are the third-largest PC company in Europe and I expect there's a good chance we will be number two this quarter.''

Chairman and founder Michael Dell said: ''I think you will see Dell grow in Europe several times faster than the market this year.''

Dell currently holds 8.3 percent of the European market. European sales in the fiscal quarter that ended May 3 totalled more than $1 billion, climbing 62 percent.

Topfer also said he was comfortable with analyst estimates that fiscal 1999 sales would rise to between $17 and $18 billion, from more than $12.3 billion in the year ended February 1. ...

As I recall, certain of the long-term bears were expressing doubt that the $500MM debt instrument was for construction. Some even implied that DELL management was guilty of financial hocus-pocus. At this point, I'd like to go on record again as doubting the accuracy of those bears' predictions. <g> Of course, I would never dream of impugning their motives.

Actually, the scale of the construction is so large, in essence more than doubling DELL's current production capacity, that it would almost certainly have impacted earnings without the debt issue.

Makes you wonder how many employees DELL is laying off this year... <g>

DELLish, 3.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News