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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: earlyj who wrote (9621)7/24/1998 12:25:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 74651
 
Sorry if this was already posted. OS revenues should be very good:

Retail PC Sales Grew 20 Percent in June
(07/23/98; 5:37 p.m. ET)
By Todd Wasserman, Computer Retail Week

PC revenues jumped 33.8 percent and unit sales were
up 21.5 percent in June, compared with May, as the
release of Windows 98 revived retail desktop sales,
according to market researcher PC Data.

Compaq Computer [CPQ] was one of the big winners,
as unit sales of Compaq PCs grew 81 percent from
May to June, and revenues leaped 85 percent for the
period. Commanding 25.4 percent of the market,
Compaq regained the top spot, which Hewlett-Packard
briefly occupied in May.

HP [HP] was the only PC vendor among the top four
performers in June to show a decline in units from the
prior month, dropping to No. 3 with a 12.9 percent
market share. HP's June unit sales fell 11.7 percent
from May. Revenues also fell 23 percent. The
best-selling PC, however, was HP's 8250, which is
powered by Intel's Celeron chip.

IBM [IBM] finished second to Compaq with a 15.9
percent share, as sales of AMD-based PCs accounted
for 60 percent of IBM's total unit volume. IBM's unit
sales jumped 44 percent over May. Revenues were up
about 102 percent for the period.

Packard Bell NEC fell from No. 3 to No. 4 with a 10.5
percent share. The vendor's unit sales were up 19.9
percent in June compared with May. Revenues were up
about 26 percent for the period.

Advanced Micro Devices [AMD] also had a good
month, as its chips were found in 26.2 percent of all
PCs sold in June. In the sub-$1,000 segment, AMD's
K6 chips represented almost 45 percent of the market.

Stephen Baker, an analyst for PC Data, Reston, Va.,
said market share for the sub-$1,000 category last
month rose 190 percent compared with June 1997. The
category now accounts for about 45 percent of the
market, he said.

Even as sales grew, the average selling price for
Windows-based PCs hit a new low of $1,123 in June,
PC Data reported. That number is a 20 percent
decrease from June 1997.



To: earlyj who wrote (9621)7/25/1998 12:18:00 AM
From: ed  Read Replies (3) | Respond to of 74651
 
It is right for the government officials to talk the followings in public:

1) The interest rate, the Asian financial crisis, the hot money from overseas,
the productivity, the inflation/deflation, the hot money, the profit prospect
of cooperate America, the budget deficit/surplus, the trade issues ...

It is not right for the government officials to talk the following in public:

1) The stock is due for a drop, no stock will grow forever, the stock market
will have a correction pretty soon, the stock market will climb pretty soon,
....etc. Those should be up to the investors to make their own decisions.

We told the world that we have a free market system in the United States, and
it is very ironic that the Government officials talk down/up the stock market
in public. It just make people very confused what is the definition of
free market system. No one should abuse its power.