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Technology Stocks : DELL: Facts, Stats, News and Analysis

DELL 162.02

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To: AnnieO who wrote (280)	3/6/1999 12:44:00 PM
From: jbn3	Read Replies (2) of 335

DELL China Outlook 5-MAR-98 (thanks to Mohan Marette) Message 8179721 (excerpt) HONG KONG - Sales of Dell Computer Corp.'s (DELL) computers could reach $1 billion in China within three years, said John Legere, Dell's President for the Asia Pacific Region, in an interview with Dow Jones Newswires. In the six months after it opened a new plant and applied its direct sales approach to China, sales have grown at a 50% monthly rate, Legere said. He added that Dell finished the year selling at an annual rate of more than $100 million. "I expect to break the billion dollar mark in China within three years," he said. "We're ahead of plan." He added that the company was profitable in China in the fourth quarter of its fiscal year ended January 1999, and was able to keep its inventory levels tighter than expected.

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