Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: jbn3 who wrote (54115)	7/25/1998 9:59:00 PM
From: HDC	Respond to of 176387

Jbn3, Here's your story from the Austin paper: By Tom Vaughn American-Statesman Staff Posted: July 25, 1998 It's no surprise that quite a few people might want to work for one of the fastest growing companies in the country. More than 5,000 perspective applicants showed up at Dell Computer Corp.'s annual career fair at Palmer auditorium Saturday. A little more than half that number showed up for a high-tech career fair last week with 53 companies looking to recruit. But Dell Computer Corp. is the fastest-growing and most profitable of the major computer makers and has the best-performing stock over the past 10 years, according to founder Michael Dell at last weekend's annual Dell shareholders meeting. In the past three years, the stock's price has increased 2,600 percent. The Dell Career Fair featured 15 booths, about 100 recruiters and plenty of long lines. Doors opened at 9 a.m., but people started lining up at 7:30 a.m., said Rhonda Gomez, a Dell project analyst. "We knew we would have a large crowd, but we didn't know it would be this large. This is absolutely fabulous," Gomez said. "We need to fill positions in every area." Gomez said when she started at Dell three years ago, they took on about 60 new hires every week. Recently, she said, Dell has been hiring anywhere from 200-300 people a week. Wow. And Dell needs the same thing every high-tech company needs right now: engineers. "We're just not finding that skill set in Austin," Gomez said. "Every company is looking for the same kind of engineer."

To: jbn3 who wrote (54115)	7/25/1998 10:25:00 PM
From: Sr K	Read Replies (1) \| Respond to of 176387

Bachman, Looks like this hasn't been posted. Interesting article from 7/26 NYTimes (you may need to register to successfully link), "Is This the Factory of the Future?" nytimes.com A few quotes: "In the last two years, the manufacturers have tried to slash inventory by making computers only after customers order them, as Dell does. But this has required reorganizing an entire industry. The first step was to cut way back on the number of components, like processor chips and hard disk drives, they kept on hand. Instead, suppliers were forced to keep the inventory, typically adjacent to or even in the same building as the computer factory, and sell it to the manufacturers at spot prices throughout the day." and "Some manufacturers, realizing that spending on parts dwarfs labor costs, have shut down their factories for days at a time to wait for the price of Intel chips to fall." And, IBM's Robert Maffat's technique of learning the path from manufacturer to customer: "I got on a truck with a computer because I couldn't believe what my guys were telling me," Moffat recalled. "I found there was more time spent waiting than driving." B