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

To: Fangorn who wrote (140802)	8/27/1999 6:03:00 PM
From: J. D. Main	Respond to of 176387

NEWS.....Dell's Brazilian plant coming "on line" soon-----> Dell to Begin Production at Brazil Plant in November Dell to Begin Production at Brazil Plant in November Sao Paulo, Aug. 27 (Bloomberg) -- Dell Computer Corp. said it will start production at a Brazilian plant in November, investing 128 million reais ($66 million) in a bid to boost sales and market share in Brazil and four nearby countries. Dell, the No. 1 direct seller of personal computers, said it will start production in a temporary factory in Eldorado, in the southern state of Rio Grande do Sul. The company plans to move to a permanent plant in Alvorada, also in the southern state, where it expects to start production in the beginning of next year. It's the first plant for Dell in Latin America. ''Production will start with desktop products, then as we move to the permanent line, we will produce servers as well, maybe notebooks,'' said a Dell spokeswoman. ''It will depend on the demand for the different products.'' Dell's move comes as shipments of personal computers in Latin America surged 19 percent in the second quarter of 1999, over the same period a year earlier, to 840,081 units, according to research firm Dataquest Inc. Brazil was the top destination with about 36 percent of all orders, even as the economy is mired in recession, expected to contract about 1 percent this year. Dell said the 123-acre plant in Alvorada, in the outskirts of Porto Alegre, will create about 250 jobs over two years. The company will use parts from local suppliers and from companies outside Brazil. The plant will also produce computers for Chile, Argentina, Paraguay and Uruguay. Dell's Chairman and Chief Executive Michael Dell will come to Brazil for the plant opening, the company said. J.D.

To: Fangorn who wrote (140802)	8/27/1999 6:10:00 PM
From: J. D. Main	Read Replies (2) \| Respond to of 176387

Top Computer Execs Beat The Drum for Internet Story-------> Top Computer Execs Beat The Drum For Internet By Jeff Franks AUSTIN, Texas (Reuters) - To hear top computer executives tell it, the Internet is not just a convenient place to get information or make an occasional purchase, it is the future, the promised land and a new era in human history all rolled into one. Somewhat akin to television evangelists seeking converts -- and their money -- some of the industry's biggest names relentlessly beat the drum for the Internet this week at a conference for Dell Computer Corp. (Nasdaq:DELL - news) customers. In speech after speech, the pronouncements could hardly have been more sweeping. ''We're really talking about the death of time and distance,'' said Cisco Systems chief executive John Chambers. ''The Internet changes everything.'' Dell Computer founder Michael Dell said: ''The Internet is provoking a profound revolution in business that is far greater than any revolution that has ever been seen. It's bringing about the demise of brick-and-mortar retailers.'' When words were insufficient, the speakers brought out numbers. Intel Corp. (Nasdaq:INTC - news) chief executive Craig Barrett said there were 150 million to 200 million ''connected'' computers in the world today, but that number should be 1 billion in five years. Sales via the Internet -- or ''E-commerce'' in the industry parlance -- could rise to $1 trillion in the United States alone over the next two to three years, up from zero just a short time ago, Barrett said. ''We're talking about a big, big change...we all have to take advantage of it or get steamrolled by it,'' he warned. Microsoft Corp. (Nasdaq:MSFT - news) chairman Bill Gates pointed out that 50 percent of all U.S. homes now have a personal computer, to which Dell added that 90 percent of those machines were used to surf the Internet. Of the Fortune 500 companies, Dell added, only 2 percent did not now have Internet sites. The advantages of E-commerce were many, the executives said, including lower costs of service, direct connections to customers and the ability to customize products to suit each individual buying on the Internet. E-commerce, of course, requires computers, lots of them, meaning the computer industry stands to make a bundle from the revolution it is busily touting. Barrett, for example, said in his speech that the projected increase in connected users and E-commerce would create a demand for ''tens of millions'' of servers over the next five years. ''We have roughly only 5 percent of the server backbone in place today that we'll need five years from now,'' he said. And by the way, Barrett added, Intel would be coming out next year with a new 64-bit processor that should be just perfect for those servers. Amid all the hype, there were a few moments at the Dell conference when the reality of the present brought the future back down to earth, if only briefly. Embarrassing software glitches interrupted a couple of demonstrations of Internet wizardry, showing that the road to the wired world still had a few potholes. In another instance, an attendee left the voluble Chambers speechless when he asked how the Internet was going to affect his business -- trucking. ''You've tested the limits of my knowledge,'' Chambers admitted. The moment was instructive because, despite all the high- faluting talk about a coming ''sea change'' in human existence, it raised the question of how much the Internet would actually affect the day-to-day life of the average Joe. That question has yet to be answered. J.D.

To: Fangorn who wrote (140802)	8/27/1999 8:10:00 PM
From: jhg_in_kc	Read Replies (1) \| Respond to of 176387

My source for "inexplicable" is an AP story. But it is a reporter's paraphrase of Greenspan. He did not actually use the word. I AM FED UP WITH ALL THIS B.S. WHAT A FARCE! Source is below: << Greenspan, speaking today at a Kansas City Federal Reserve bank meeting in Jackson Hole, Wyo., said the extraordinary rise in stock prices the last five years has been mostly inexplicable.>>