To: Night Writer who wrote (86336 ) 11/1/2000 4:26:29 PM From: tonyt Read Replies (1) | Respond to of 97611 Dell eyeing corporate sales in Europe By Michael Baron, CBS.MarketWatch.com Last Update: 4:12 PM ET Nov 1, 2000 Newswatch Latest Headlines NEW YORK (CBS.MW) - Corporate PC sales in Europe remain a source of concern for Dell Computer, Kevin Rollins, the PC maker's vice chairman, indicated at a conference in New York on Wednesday. Asked to comment on PC demand in Europe at the Prudential Volpe Technology and Telecommunications conference, Rollins acknowledged recent weakness. "What we are seeing is continued concern about softness in the corporate sector," he said. "Most of this attributable to lingering Y2K effects and the deterioration of the euro. Rising oil prices are also affecting demand but not much." As for global expansion, Rollins said the company believes foreign markets have the potential to add $20 billion in revenue over the next three years. Dell (DELL: news, msgs) is scheduled to report third-quarter earnings next Thursday. Shares ended up 94 cents to $30.44. Growth drivers Rollins listed the upcoming releases of Windows Business 2000 and an updated version Windows Consumer 2000 by Microsoft as well as Intel's eventual rollout of the Pentium 4 processor as spurs for growth. He also cited the Internet's continued emergence. "Increased bandwidth and online content are still driving purchases, especially in the server category because all that data has to be stored somewhere," said Rollins. "Demand is also getting a lift from the decline in the cost of high-speed Internet access." Rollins said Dell is bullish about its wireless products initiative and that the company would like to eventually offer a notebook with wireless capabilities for under $1,000. The services market is also a growing segment for Dell, according to Rollins, who said the company is confident this area could grow to a $10 billion business "within the next few years." -------------------------------------------------------------------------------- Michael Baron is a reporter for CBS.MarketWatch.com based in New York.