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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: rudedog who wrote (75488)	1/9/2000 4:28:00 PM
From: Elwood P. Dowd	Respond to of 97611

I lifted this from the DELL thread. They liked best the comment that I have indicated in bold lettering. El austin360.com Sunday, January 9 More Dell Data Austin American-Statesman Sunday, January 9, 2000 • Analysts estimate Dell's revenue for the fiscal year ending Jan. 28 will be $25 billion. That would be about 4,500 percent higher than 1990 sales of $546 million. • The company hired at least 4,700 people in Central Texas last year, more than double its total employment of 2,000 in 1990. • Dell has built more than 5 million square feet of office and manufacturing space in Central Texas since 1990. That's roughly one-third of the enclosed space at UT's central campus. • In 1999, Michael Dell received about 2,000 invitations to speak to all manner of groups, from school children to economists and executives. He accepts about 20 a year. • Insider Research Services says Michael Dell has sold $2.7 billion of Dell stock since 1990. • In 1990, Dell's stock price ranged from $4.88 to $25.39 per share. That's before adjusting for seven splits since 1992. Quoting Michael Dell On how Dell became successful: 'We came up with a new set of rules that were very effective for us. And we stuck by them.' On why Dell early on got no respect from bigger companies: 'I think our competitors basically concluded that we were not a factor in the market. . . . So these companies, the Compaqs and others, looked at Dell and said, ''Oh, well. Nobody's going to do that. That's only going to appeal to a certain part of the marketplace.'' Now understand, at that point in time, they were right. What they didn't foresee is that the whole market (and) eventually our capabilities in the market would intersect to the point where we essentially got No. 1 market share in the U.S.' On Compaq Computer's future: 'It's not going, is where it's going.' On Dell's rivalry with Compaq: 'I think we were playing judo with them. They were throwing punches, but they weren't getting anywhere near us. Having an enemy in the business is not all bad. It gives you focus, but I think the primary focus really has to be on the customers.' On Dell's effect on the industry: 'If you look at our return on capital, it's clear that we have the most ability to exert additional pressure, and have for some time, of any company in the industry. Period. Full stop. No question about it.' On the future of personal computers: 'What you have now is a whole generation of people who are growing up with technology -- Nintendo to Gigapets to everything else. They live and breathe the stuff, and they're not going to go back. I think the personal computer industry is going to continue to grow. I don't think it's the post-PC era. I think that's complete nonsense. . . . The future for our industry is incredible because 20 years from now there aren't going to be people who don't use PCs.' On why computers will last in age of the Internet: 'I have a lot of telephones and they're Web enabled, and I have every imaginable device known to mankind because I like to play with all this stuff. I don't actually think that 1-inch screens are going to help people use the Internet. Don't get me wrong. I think people will use the Internet on 1-inch screens, but I don't think that's going to be the primary or the preferred way to access the Internet.' On Dell's global vision: 'We're off to a very fast start in China. We don't have the share there that we have in other markets, so we have a lot of growth to do, but we're focused on it and we're seeing very good growth in that business. And there are other new markets we need to open up. We just opened up South America. India has 900 million people the last time I checked. We don't have a lot going there. We have lots of new frontiers still left.' On business: 'At the end of the day, businesses have to earn a profit and earn their return on the capital that's invested in them and for them to be viable -- even though that sounds like traditionalist values. Sounds a little strange coming from a 34-year-old. But that has not gone away.'

To: rudedog who wrote (75488)	1/9/2000 4:31:00 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Links to other DELL stories: austin360.com austin360.com austin360.com

To: rudedog who wrote (75488)	1/9/2000 7:54:00 PM
From: Captain Jack	Read Replies (2) \| Respond to of 97611

Rude-- I know nothing about Carly except what I read. That can be very different from the real world. From what I read she is a real mover and shaker but moving and shaking the correct things, the things that need moved and shook is still the key. I do not doubt MC is doing some of the right things,, but it sure as hell is NOT at "internet speed". At times that is good and at times that is bad-- he makes the big bux to decide which is which. Sop far,,, nothing has been done at a speed that is real impressive or have not been publicized anyway..