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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST
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To: Mohan Marette who wrote (113561)3/31/1999 8:49:00 AM
From: Frank E W  Read Replies (1) of 176387
 
Mohan.. looks to me like Acer wants to lose more $$ going up against DELL in the corporate arena.

Acer expects losses at its U.S. unit to narrow to US$20-30 million in 1999, compared to US$50 million in 1998, Wang said.

In February, Acer said it would halt sales through U.S. retail stores, once a lucrative business, following huge losses and shift its sales focus to corporate customers.

Wang said Acer would seek to sell its family computers directly over the Internet, essentially cutting out the retail channel -- a rising trend among U.S. manufacturers inspired by the huge success of Dell Computer Corp <DELL.O>. (US$=T$33.1)

((Taipei newsroom, +886 2 2508-0815 fax +886 2 2508-0204, taipei.newsroom@reuters.com))

REUTERS

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