SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: calgal who wrote (139927)8/19/1999 4:13:00 AM
From: Lancer  Read Replies (1) | Respond to of 176387
 
INTERVIEW - Internet sparks Dell's European surge
By Neal Boudette, European Telecommunications Correspondent

FRANKFURT, Aug 19 (Reuters) - Dell Computer Corp <DELL.O> said on Wednesday that the rise of the Internet in Europe was helping it gain market share in the region.

"We are extremely optimistic and expect to grow (in Europe) at a strong multiple to the market," John Legere, president of Dell Europe, told Reuters in an interview.

"It is our business model. Customers are migrating to the Internet purchasing method," he said.

Late on Tuesday the world's largest direct marketer of personal computers said worldwide sales rose 42 percent to $6.1 billion in its second quarter, which ended on July 30.

Earnings jumped 58 percent to 19 cents per share, beating the consensus estimate by two cents.

In Europe, Dell's unit sales rose 39.9 percent, according to International Data Corp. That is more than twice as fast as the growth rate of 19.3 percent for the overall market in Europe.

The ease of ordering PCs over the Internet is fuelling Dell's growth, Legere said. More than $5 million per day in European sales come via the Internet -- about 30 percent of its total.

The Internet generates about 40 percent of the company's sales in the United States.

Some 3,500 European business customers now have dedicated Dell "Premier Pages" set up in their computer systems allowing them to order PCs and other equipment directly from Dell. That is a 60 percent increase from the first quarter, Legere said.

"Customers want us to sell a wider range of products through these pages because they like to buy this way," he said.

Dell outpaced the market's growth rate in Europe's three largest countries. In Britain, its unit sales climbed 43.3 percent, enabling Dell to grab the market share lead from Compaq Computer Corp <CPQ.N>.

According to IDC, Dell has 18.3 percent of the U.K. market, compared to 18.1 percent for Compaq.

In France, year-on-year unit sales rose 87.4 percent, and in Germany Dell unit sales surged 101 percent.

The company recently launched its DellNet Internet access service in those three countries. Legere said it was still too early to tell how many regular users it has.

In contrast to Dell, Compaq has avoided selling over the Internet and has struggled in the last several quarters. Compaq, the world's largest PC maker, named a new chief executive as part of an effort to refocus the company on the Internet.

((Frankfurt Newsroom, +49 69 756525, frankfurt.newsroom@reuters.com))

REUTERS

Rtr 01:49 08-19-99

Regards to All - Lancer



To: calgal who wrote (139927)8/19/1999 9:08:00 AM
From: Dorine Essey  Read Replies (1) | Respond to of 176387
 
Leigh,
OT ot
All I can say is WOW I am impressed.
I have a cute story that I think all would enjoy.

A Jewish father sent his 12 year old boy to Israel to train for his baritzba. When he came home a year later he told his father he had turned Christian. The father was so upset that he went to the Rabbi and told him what happened. The Rabbi said, I did the same thing and my son came back a Christian. They both decided to pray to God and ask him for advise.

God, after hearing the Rabbi's and fathers problem replied " I don't know what you expect me to do, I sent my SON to Israel and he also turned Christian"