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

To: arthur pritchard who wrote (153066)	2/5/2000 12:48:00 PM
From: stockman_scott	Respond to of 176387

I think DELL was smart to aggressively ramp up its efforts to market and sell products throughout Latin America. As I recall their new Brazilian plant is quite a major one. Check out this article on how web use in Argentina continues to skyrocket... Best Regards, Scott -------------------------------------------------------------- <<Saturday February 5, 11:30 am Eastern Time Argentine Web use grows 43 pct in six months-study By Gilbert Le Gras BUENOS AIRES, Feb 5 (Reuters) - The number of Argentines linked to the Internet has jumped 43 percent in the past six months to 770,000 people, according to a report published in Clarin newspaper on Saturday. The report, which follows announcements by Web and telecommunications multinationals seeking a place in Latin America's rapidly expanding Internet market, said falling telephone rates were mainly responsible. A government-ordered 5.5-percent reduction in Argentine residential phone rates and a 19.5-percent cut in commercial rates next month could spur more growth. The report by consultant Price & Cooke found 770,000 Argentines now use the Internet compared to 540,000 six months ago. Some 200,000 were connected in 1998 and 80,000 in 1997. It is estimated that almost every Web connection has two users so the actual number of Internet users in this nation of 36 million people may be closer to 1.2 million. On Friday Telecommunications Secretary Henoch Aguiar discussed the details of the phone rate reduction agreement with Telefonica and Telecom , the two telcos that held a duopoly in Argentina until last October, when Movicom joined the battle for local and long-distance traffic. Other competitors are expected to join the fray in November. GROWTH ATTRACTS U.S. ATTENTION Telefonica's Internet rates next month will cost $12.90 for 30 hours a month, or $17.90 for 60 hours. Subscribers now pay $15 to surf the Internet for six hour each month. Telecom will offer 43 percent to 50 percent price reductions to users who dial in on the 0610 prefix next month. The introduction of greater competition, lower consumer rates and growing Internet use has not gone unnoticed. U.S. Secretary of Commerce William Daley will meet with government officials here on Feb. 15 to promote e-commerce investment. A study last month by Morgan Stanley Dean Witter (NYSE:MWD - news) telco analysts in New York found that low incomes and a low rate of using credit cards are not enough to stop Latin America's Internet revolution. The report forecast 50-percent revenue growth in the Latin American region of 450 million people by 2003. E-commerce sales should grow 100 percent each year and revenues from digital subscriber lines (DSL) 160 percent a year. Multinationals are already preparing their strategic moves in the region. America Online Inc. (NYSE:AOL - news) (NYSE:TWX - news) unveiled plans in mid-January to launch an initial public offering of its Latin American unit to offer Brazil, Mexico and Argentina local content. Motorola (NYSE:MOT - news) and MCI WorldCom Inc.'s (NasdaqNM:WCOM - news) SkyTel signed a deal in January to offer two-way wireless e-mail and Internet connection technologies in Latin America. Shareholders in Spanish phone, cellular and Internet giant Telefonica approved on Friday a $27 billion issue of new stock to buy local units in Brazil, Argentina and Peru. Telefonica owns a majority stake in Terra Networks SA (NasdaqNM:TRRA - news), the world's fifth-largest Internet company.>>