To: OLDTRADER who wrote (140047 ) 8/20/1999 11:33:00 AM From: Fangorn Read Replies (2) | Respond to of 176387
William, Markets, markets everywhere...interactive.wsj.com @2.cgi?id=DI-CO-19990820-002710.djml&template=pj1-combo-nf.tmpl WSJ requires subscription so here it is... >>Dow Jones Newswires -- August 20, 1999 Dow Jones Newswires Latin America 2Q Computer Sales Up 19% On Yr - Dataquest SAO PAULO -- Sales of personal computers in Latin America rose 19% during the second quarter, led by a 68% jump in Mexican PC sales, according to a report issued Friday by market research firm Dataquest Inc., a unit of the Gartner Group Inc. Dataquest attributed the increase to cheaper average prices of computers. Brazil led by unit sales in the region, with shipments surpassing 305,000 units, a 4% growth over the second quarter of 1998. Mexico came in second, with shipments of more than 290,000 units. Argentina followed with shipments approaching 100,000 units, a 5% increase over the same period last year. (Corrected @ 10:54 am edt) Dataquest Inc. is a unit of Gartner Group (IT). (In an item timed about 1403 GMT (10:03 a.m. EDT Friday), Dataquest was incorrectly identified as a unit of the Garner Group.) Dataquest said that Compaq Computers Inc. (CPQ) lead in market share, with 23.6%, followed by International Business Machines Corp. (IBM) in a distant second place with 8.7%. Compaq's share of Latin American PC sales jumped from 19.2% in the same period last year, while IBM's percentage shrank from 10.1%. "Driven by an aggressive price and services strategy, Compaq dramatically increased sales in the region, as its market share was 15 points higher than the No. 2 vendor," said Luis Anavitarte, Dataquest's senior industry analyst for Latin America. Acer Computer Corp. (P.ACI) came in third place, with a 6.8% share, down from 7.4% in the same quarter last year, followed by Hewlett Packard Corp. (HWP), with 4.8%, down from 7.0%, and Dell, which rose to 3.7% from 2.1% in the second quarter of 1998. Other manufacturers accounted for 52.3% of the market, a decrease from last year's 54.2% - By Margarita Palatnik; (5511)813-1988; mpalatnik@aol.com