Cricket:
Comments are:
>>>> (DELL - news) said Tuesday it was looking for ways to cut costs and streamline its business.>>>>
Absolutely and always. They have the mfg process flying,
now with many more employees, they will be working on efficiency
in sales and service by using web sites to let buyers do their own configuring/buying and provide to each user the details and records of the specific computer he owns. Savings can also be made in training the (6000, or 150/day) new employees, thru class arrangements, location etc.
To show how far Dell goes an example is an engg major at UT who
in his graduate year is being sent to Dell facilities for two weeks to Brazil, two weeks to India , etc to learn the ropes
>>> While the company did not have a
specific savings goal, inefficiencies were bound to be present after broad expansion.>>>
You bet, if you consider the new plant in China, dealing with
interpreters and strange laws to get it built, then allowing for
the Chinese work ethics in operation the plant
<<<< We believe those kinds of efforts should lead to cost improvements,'' Schneider told reporters >>>>
<<<When you are growing at 50 percent a year, it would be pretty hard to say you are on top of all of your cost structures,'' he added.>>>
Thats good news, very good, in fact they may do a bit
better, (102% on notebooks , possibly)
<<< Dell said it hopes to get half its revenue from Internet sales by the year 2000.>>>
Still right on schedule for what was stated months ago
>>>>Dell said it could then pass cost savings along to customers.>>>
What else is new???
>>>>''That can continue to drive a very aggressive value offering in the marketplace and fuel our top-line growth,'' said Don Collis, vice president of investor relations. ''That has really been the strategy we have followed since day one.''>>>
Its been working for Dell right along
<<<< Dell executives declined to comment on analysts' estimates for future earnings. >>>>
Wise move,IMO if they were high (unmeetable) estimates the analysts would have heard about right then. And when the executives reported in back home, MD probably got that sly grin again.
<<<< Schneider said the company would continue to focus on the high-end computer market for its corporate clients. But he said individuals can buy a stripped-down computer for about $1,000.>>>
True, Dells latest offering is priced at $1077. IMO they will stay above $1000 to avoid a cheapy computer image.
<<<<In the past it has repurchased shares and currently has options contracts to buy about 40 million shares at around $40 a share.>>>>
I guess Tom Meridith is sharp as ever, ( wish I knew how he does that)Hehehehhe. Anyway he gets these at more than 50 off (g)for
a savings of around $1.8 bil which accrues to the company(shareholders) in one way or another even if used for employee
compensation in lieu of higher wages.
Regards
Sig
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