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

To: Calvin who wrote (145709)	10/25/1999 7:03:00 AM
From: BBG	Read Replies (1) \| Respond to of 176387

HWP CEO says Taiwan quake will hurt 4th qtr.... Here we go again... BBG

To: Calvin who wrote (145709)	10/25/1999 7:04:00 AM
From: Calvin	Respond to of 176387

European Third-Quarter PC Sales Rise 19.3%, Context Says London, Oct. 25 (Bloomberg) -- European personal computer sales grew 19.3 percent in the third quarter as demand from small and medium-sized companies offset delays in purchases by bigger companies on concern about the year 2000 date change, said market researcher Context Ltd. While sales in Europe rose to 6.5 million units, the growth was less than 22.4 percent recorded by Context in the same period last year. It also lagged the 23 percent growth this quarter in the U.S., reported by International Data Corp. European PC shipments are expected to rise about 18.5 percent next quarter. Concern that computers might malfunction by misreading the year 2000 as 1900 and calculate time backwards have affected corporate purchases of PCs. International Business Machines Corp. shares fell 12 percent last week when the world's top computer maker warned the so-called millennium bug will hurt sales. ``What's rescuing the industry are small and mid-sized businesses that haven't stopped buying,' said Jeremy Davies, senior partner at Context, in an interview. ``It's not been the bloodbath that some expected.' Top PC maker Compaq Computers Corp. kept its position as the market leader with an 18.2 percent market share. Its shipments grew 19.3 percent, the same as the rest of the industry. In the same period last year however, its sales increased 39 percent. Dell Computer Corp., the top direct PC seller, grew fastest, with shipments increasing 50 percent to 672,000 units for third spot. Still, its growth rate was half of that last year. A venture between Fujitsu Ltd. and Siemens AG ranked second, with a 14 percent market share. IBM was fourth with 8 percent of the market. Apple Computer Inc. sales fell by a third to 115,000 units from that last year. It did not rank among the top 10 PC makers. Computer sales rose 22.8 percent in Spain and the Netherlands, the highest in Europe. Shipments in Germany and the U.K., Europe's top two markets, increased 20.7 percent and 22 percent, respectively. Sweden, where employee-purchase plans boosted sales last year, saw sales decline 23.5 percent. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.