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

To: Sig who wrote (162296)	10/21/2000 1:24:42 PM
From: mepci	Respond to of 176387

Sig: or beyond Intelectually Lazy(BILAK) Ashok Kumar. Let us move BILAK 2001. I do hate to rename Dell board. Dell is a Dell is a Dell. And will stay Dell forever, hahaha

To: Sig who wrote (162296)	10/23/2000 12:58:04 AM
From: calgal	Respond to of 176387

Hewlett-Packard retakes No. 3 PC spot from IBM By Nicole Volpe and Peter Henderson NEW YORK, Oct 23 (Reuters) - Hewlett-Packard Co. (NYSE:HWP - news) pulled ahead of International Business Machines Corp. (NYSE:IBM - news) to become the No. 3 personal computer maker worldwide in the third quarter, market research firms said on Monday. The two computer makers have been battling for the No. 3 spot since IBM announced last year it was exiting the U.S. consumer retail market, giving HP a chance to close in. Hewlett-Packard seized the No. 3 spot in the first quarter of this year, but IBM came back to tie for third place in the second quarter, market research firm Dataquest said. ``They were really close last quarter,'' said International Data Corp. analyst Loren Loverde. ``But HP has been on a pretty aggressive growth track. I think the momentum is behind HP this quarter.'' HP shipped 2.6 million PCs in the third quarter -- a rise of 40.2 percent over the year before, IDC said. IBM shipped 2.5 million PC units, up 8.3 percent from a year ago. HP had 7.8 percent of the overall PC market, and IBM had 7.4 percent. Shares in HP rose $5-1/16 to $96 on Friday. Dataquest, a unit of Gartner Group, also showed HP in third place globally, with 38.6 percent growth to 2.6 million PCs shipped. Dataquest said worldwide personal computer shipments rose 15.2 percent to 33.9 million units while IDC said the market grew to 33.3 million, an 18.3 percent increase. The two firms measure the same market for desktop and portable computers, as well as small servers, the central computers in networks. Their numbers vary slightly because of different research methods. ``HP showed the largest increase in shipments among top-tier vendors,'' the Dataquest report said. ``It had continued success in the U.S. retail space taking advantage of the absence of IBM and Packard Bell.'' IBM, the world's largest computer maker, pulled its PC business into profitability for the first time in nearly a year in the third quarter, by dropping out of the U.S. consumer retail sales market. Both IDC and Dataquest said IBM's share in the U.S. market shrank in the third quarter. Global PC market leader Compaq Computer Corp. (NYSE:CPQ - news) held onto its top position with 13.1 percent of the total market. Executives from Dell Computer Corp. (NasdaqNM:DELL - news) have said they were on a path to steal the No. 1 position worldwide from Compaq, ever since Dell unseated its Texas-based rival in 1999 as the No. 1 PC maker in the U.S. market. ``I think that would be optimistic,'' Loverde said when asked about that happening in the near future. ``There's still a good split.'' Compaq shipped 4.4 million units worldwide in the third quarter, both research firms said. ``Compaq grew units approximately 13-14 percent, which we think is good,'' Merrill Lynch analyst Steve Fortuna wrote in a note to clients. ``We remind investors that there are many other areas of business for Compaq than desktops and notebooks.'' Dataquest said that there were some expectations that the home market would upgrade and replace old computers in the fourth quarter but that the corporate market would wait until 2001. Thus the fourth quarter might not live up to the third. ``We suspect these relatively strong numbers in the third quarter reflect a buildup of channel inventory, and we do not believe the market can support the kind of growth these numbers would indicate,'' he said. ``The fourth quarter could show slower unit growth.'' However, Loverde said he was ``cautiously optimistic'' on the fourth quarter, saying he did not see inventory levels at any level to cause alarm. Compaq on Friday issued a statement saying it was comfortable with its inventory levels. biz.yahoo.com