Mohan, re:<<"Low cost PCs were a principal driver of the market in the holiday season," said Loren Loverde, Latin America Personal Systems research manager for IDC. "Despite high interest rates vendors were able to capture year-end business spending and attract consumers interest."
Both local and international vendors expanded their offering of low cost systems with AMD and Cyrix chips as well as Intel's Celeron processor. According to IDC data, the average cost of a desktop system in Latin America was down to $1,340 in Q4 1998 versus roughly $1,500 at the beginning of the year, and over $1,700 during 1997.>>
<<Both local and international vendors expanded their offering of low cost systems with AMD and Cyrix chips as well as Intel's Celeron processor. According to IDC data, the average cost of a desktop system in Latin America was down to $1,340 in Q4 1998 versus roughly $1,500 at the beginning of the year, and over $1,700 during 1997.>>
Given these two excepts from the article that you posted, I fail to see how Latin America is going to help Dell. In fact, I believe Dell will be hurt by the dropping of PC prices, etc.
Stock Bull
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