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To: Cynic 2005 who wrote (24354)	9/9/1999 12:57:00 AM
From: puborectalis	Respond to of 27012

World PC shipment forecast revised upward Reuters September 8, 1999 NEW YORK -- Worldwide personal computer shipments should grow a solid 24.8 percent year-over-year during the third-quarter, well above previous forecasts, a technology market research firm said today. By contrast, Framingham, Mass.-based International Data Corp. had expected only three months ago that the global PC industry would grow 19.3 percent in the third quarter over a year earlier. In a statement, the market research firm said growth was being driven by strong consumer demand for less expensive PCs, healthy demand in Asian markets and the strong U.S. economy. Shipment volume is expected to rise 7.2 percent in the third quarter of 1999 compared to the second quarter of 1999, typically the year's slowest season, it said. But while market researchers are bullish on the rate of growth in PC shipments, they caution that these figures will not translate into similarly robust revenues, as the average price of PCs is expected by Dataquest, another research firm, to grow by a paltry 5 percent or so this year. "Prices keep coming down and consumer interest in PCs keeps going up," said John Brown, research manager of IDC's Worldwide Quarterly PC Tracking survey. Concerns about the Year 2000 computer bug, where computers may read "00" in the date as 1900 instead of 2000, is expected to have little effect on third-quarter shipments. "We are really seeing a minimum effect," said Bruce Stephen, PC analyst at IDC. But by the fourth quarter, the Year 2000 bug might produce some 11th-hour buying of computers by small businesses or users in countries other than the United States, Stephen said. Some older software still running in small businesses. Rather than fix all that, its easier simply to just buy new PCs, which analysts expect will happen increasingly among small businesses as they catch up on Y2K repair at year-end. Looking at individual geographical markets, IDC said it expected U.S. shipments in the third quarter to increase 28 percent compared with the year-earlier period. Shipments are expected to increase 12.2 percent over the second quarter. In Western Europe, third-quarter year-to-year unit growth is pegged at 16.3 percent. Third-quarter volume compared with the second quarter is expected to rise 1.0 percent, IDC said. Economic resurgence in the Asia/Pacific region, excluding Japan, is expected to produce a 34.3 percent increase in shipments compared with the year-earlier period. Growth over the second quarter is expected to be flat. Within the region, China, India, South Korea and Australia will drive growth, IDC said. Shipments in Japan, which grew a hefty 39 percent during the second quarter, is expected to have a strong performance in the second half of this year, IDC said. Japan is expected to have a third-quarter growth rate of 32 percent when compared to the year-earlier period. Consumer demand, Internet shopping, and interest in smaller desktop PCs will contribute to growth in the third quarter. Email this story to a friend More articles on the Latest Tech News home page Advertising information

To: Cynic 2005 who wrote (24354)	9/9/1999 6:01:00 AM
From: Frank Ellis Morris	Read Replies (2) \| Respond to of 27012

>>BOE raised interest rates. The St. Louis Fed is yapping this morning. Do you see a conspiracy here? I would love to hear your esteemed opinion on this.<< I think I would be more interested in knowing what you felt about this move yesterday. Frank