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


To: Sam Bose who wrote (161109)9/27/2000 6:34:47 AM
From: Sig  Read Replies (2) | Respond to of 176387
 
Hi Sam:
Yes, Michael is moving around pretty well overseas...
biz.yahoo.com
>>>`We are still growing faster than the market in Europe. Certainly, the market is not growing very quickly but we are going to see a healthy increase in business there, not as healthy as we would like but certainly more healthy than any other company in Europe is doing,'' said Dell.

He said that his company would achieve its forecast that revenues would grow by 30 percent for the full year, despite Intel Corp's (NasdaqNM:INTC - news) warning of slower revenue growth in the third quarter.

Dell said he hoped to double or triple its revenue from Asia which accounted for about eight percent of the company's total revenue last year.

He said that the company's China and Hong Kong business grew 86 percent last year and that it would open a new plant in the Chinese eastern coastal city of Xiamen, which will have four times the capacity of its existing plant.

Asked whether its market position would be threatened by the like of Legend Holdings Ltd , China's largest computer maker,he said Dell's priority was focused on China's business market and not the consumer market. >>>
As I recall, the Xiamen plant started with about 350 employees and was doubled about one year ago and now gets quadrupled.Why does Michael keep wasting our money like this when analysts are implying that computer employees will be laid off due to lack of work?



To: Sam Bose who wrote (161109)9/27/2000 2:48:33 PM
From: kemble s. matter  Respond to of 176387
 
Sam,
Hi!!

RE: India presents a huge opportunity for Dell, and other such computer makers, said Vinnie Mehta, director of the Manufacturers' Association for Information Technology, or MAIT, in New Delhi. ``Our PC penetration is 4.5 per thousand, which we expect to grow to 20 per thousand by 2008.''

Thanks...

Best, Kemble