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Technology Stocks : Dell Technologies Inc.

DELL 119.41

-2.7%

3:59 PM EST

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To: Mohan Marette who wrote (56133)	8/4/1998 10:41:00 PM
From: vip	Read Replies (2) of 176387

This should be good for DELL as it is also eyeing on China. Following are from CSCO's CEO. A bright spot in Asia was China. China revenues grew 80 percent year-to-year and is now one of Cisco's top 10 revenue generating countries worldwide, the company said. He said Cisco is now generating $20 million a day in business from sales via the Internet, three times as much as any other company in the world. He said two-thirds of its business is now handled via electronic commerce. Cisco plans to hire between 1,100 and 1,300 new employees during the first quarter ending in October, mostly sales and marketing staff or reseach engineers, Chambers said.

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