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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (133861)	6/22/1999 4:15:00 PM
From: Mohan Marette	Respond to of 176387

The Auction thing is coming......! Excellent find Darrell,looks like most of the press people ignored or missed the news about the 'consumer auction service'. ===================== '..Dell, speaking to a small group of reporters at the PC Expo, also said his company plans to start a consumer auction service for refurbished computers. The executive said more details will be forthcoming. Dell noted that his company still has lots of room for growth. If Dell adds 20% to its market share in the next five years, it would be a $90 billion opportunity, Dell said. Plus, four emerging areas of business - consumer PCs, services, geographical expansion and enterprise computing - should each add $10 billion in incremental annual revenue within several years, Dell said. Analysts estimate that the Round Rock, Texas-based company will report fiscal 2000 revenue of $26 billion, Dell noted. The company reported fiscal 1999 revenue of $18.2 billion. Even as PC prices fall, Dell still is gaining market share with its service, efficiency and ability to extend value to the customer, the executive said. "We can make a profit selling an $899 computer, while our competitors can't," Dell said. The average selling price for a Dell computer is $2,300, he added....

To: D.J.Smyth who wrote (133861)	6/22/1999 4:23:00 PM
From: edamo	Read Replies (4) \| Respond to of 176387

darrell....mikey never ceases to amaze.. "plans to start a consumer auction for refurbished computers" are these the things that a ceo of a $130b (in the next five years according to "mikey") should be talking about?????? how many billions in revenue will that generate, how much in sales of brand spanking new dell computers will the "auction" take away from the "consumer" pc segment that he speaks of.........why sell used when you can sell new....don't they already sell "refurbished" on the web site?????.........meanwhile the sinking cpq ship is making announcements about 8 processor servers, and global alliances that have naught to do with pc's.... the things that "mikey" should be addressing...