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


To: CRICKET who wrote (46156)6/3/1998 5:10:00 PM
From: CRICKET  Read Replies (2) | Respond to of 176387
 
All Dellheads:

Dell (NASDAQ:DELL) not worried about Intel chip delay

Reuters, Wednesday, June 03, 1998 at 08:10

LANGEN, Germany, June 3 (Reuters) - Dell Computer Corp
(NASDAQ:DELL) said on Wednesday it was not concerned about the
six-month delay in the arrival of Intel Corp's (NASDAQ:INTC)
next-generation Merced processor.
"I'm not really concerned about it," Chairman Michael Dell
said at a news conference. "Actually it gives us a little more
time to get ready for it."
Intel said last Friday that Merced would be available in the
year 2000, six months later than it had previously expected.
The news sparked a drop in Intel shares that dragged down
other technology stocks.
Dell vice Chairman Mort Topfer, in an interview with
Reuters, said he expected Intel to meet the new delivery target
without further delays.
"I think they have a very, very high probability of
achieving that shipment date," he said.
Nevertheless, Dell said six months won't make much of a
difference to his company and the PC industry because Merced is
designed for high-end computers running mainframe-class
programmes that evolve much more slowly than mainstream PCs.
"A change of this magnitude is a very massive one and it
will take time for applications to change," Dell said.
Topfer said: The delay "is going to have a very modest
impact on the industry in general."
Dell noted that his company will offer a machine next year
that runs eight Pentium II processors. "That will give us the
opportunity to grow even without Merced," he said.
frankfurt.newsroom@reuters.com))

Copyright 1998, Reuters News Service

Cricket

Companies or Securities discussed in this article:
SymbolNameNASDAQ:DELLDell Computer Corp




To: CRICKET who wrote (46156)6/3/1998 8:41:00 PM
From: kemble s. matter  Read Replies (1) | Respond to of 176387
 
Cricket,
Hi!!! <<<<"China is now a two million-unit market and it's growing 40
to 50 percent a year. In two or three years, I think it could be
one of the top five countries in the world," he said.
"China is less than $100 million in business for us today,
but it can be a billion-dollar market for us," he said>>>

There is so much info in this post I find myself reading and re-reading it.... dreaming of where this company is going.....imagine what we thought of Dell back in 96? I frequently reflect back and try and recall when I was saying: ".hey, is this company as great as I think it might become?".... I'm quite sure many were hesitant to predict half the grandeur of future Dell earnings or the stock price... Oh yeah, many on this thread got called cheerleaders ( proudly so).....afterall, even the most optimistic of us had our fantasy price blown away ....why not cheer this runaway train? Of recent.... Dell seems to be throwing so much startling news our way that I find myself dreaming of even greater things...I love to be optimistic...hate pessimistic things...always try to keep things in perspective ...but, Dell has taught me to expect the unexpected....news today has my head still spinning...afterall, the quote from Dell about China is the harbinger of my dream announcement from Dell!! If there are any skeptics still out there they should change their minds and BUY DELL....

Thanks so much for the post...

Best, Kemble.