SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : C-Cube Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: CPAMarty who wrote (106)1/8/1998 10:48:00 AM
From: Maya  Respond to of 324
 
Thursday January 8, 10:25 am Eastern Time

Dell cuts PC prices, cites Asia

ROUND ROCK, Texas, Jan 8 (Reuters) - Dell Computer Corp said Thursday it would reduce prices on selected
desktop personal computers by up to 15 percent and linked the move to cost benefits it is reaping from the Asian
economic crisis.

Several major personal computer makers have announced price cuts this week, but Dell was the first to specifically
cite lower component costs due to the ongoing economic crisis in Asia as a factor in its pricing move.

All the cuts involved models built around Intel Corp's (Nasdaq:INTC - news) Pentium processors with MMX
technology and Pentium II processors. Intel recently cut prices on its Pentium II line.

Dell said because it builds all its personal computers to order, the company can quickly factor changes in component
costs to its pricing.

In a statement outlining the price cuts, Dell said the move was ''attributable at least in part to weakness in the Asian
economy.''

Dell spokesman Rick Scott said the company was unable to quantify how large a part the Asia crisis played in the
lower component costs.

Costs for various PC parts, especially memory, have fallen steadily over the past year.

''In recent weeks, we have seen a steeper decline in some component costs,'' Scott said. ''We believe some of that
relates back to Asia.''

Dell sells few of its personal computers in Asia, making the company one that appears to be benefitting, if to an
uncertain degree, from the situation in the region.

Dell said the price cuts ranged from two to 15 percent on selected OptiPlex corporate desktop models. Dell also cut
prices on some single-processor WorkStation 400 units.

More Quotes
and News:
Dell Computer Corp (Nasdaq:DELL - news)
Intel Corp (Nasdaq:INTC - news)

Related News Categories: computer hardware, computers, semiconductors