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

To: Boplicity who wrote (65474)	9/14/1998 4:06:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 176387

15:00 DJS Dell Seeks Sharp Increase In Internet Sales By End Of Decade 15:00 DJS Dell Seeks Sharp Increase In Internet Sales By End Of Decade SAN FRANCISCO -(Dow Jones)- Dell Computer Corp., which sells personal computers directly to customers, Monday said it hopes to generate half of its overall sales over the Internet by the end of the decade. The company posted total revenue of $12.33 billion for the fiscal year ended Feb. 1. Dell (DELL) now gets $6 million a day in Internet sales, mainly from small businesses and consumers. The company is developing programs that will encourage larger companies to place more orders on-line, Dell said. Last month, Dell posted sensational second-quarter results and announced its fourth stock split in two years. Even as its competitors struggled, Dell, which is noted for efficient production and low prices, reported a stronger-than-expected 62% profit surge for the second quarter. The results continued the tremendous sales and profit growth that have pushed Dell's stock to lofty levels. Dell, whose direct-sales method requires little inventory, has capitalized on the falling prices of PC components such as chips and disk drives. The company has attributed the decline in average selling prices for PCs to lower prices for those parts. Most PC makers have had to sell many more computers to make up for sharply lower average prices. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. (:DELL)

To: Boplicity who wrote (65474)	9/14/1998 7:37:00 PM
From: Mohan Marette	Read Replies (3) \| Respond to of 176387

Talk about falling PC component prices=Nice pricing and Healthy demand. Ref:Intel's price cut. Haven't you heard????? Wonder whether PC mfgs get to keep any of the it or end up in consumers pockets,either way I think it will be good,a nice way to redistribute wealth I suppose.Not so good news for AMD and Cyrix.<g> "We believe the imminent improvements in the price/performance of PCs may represent the most aggressive increase in the history of the PC market," wrote Mark Edelstone, semiconductor analyst at Morgan Stanley Dean Witter. Strong demand, combined with changes in how computer vendors carry inventory, in fact, could lead to an end-of-the-year backlog of orders for PCs for the first time since 1994. news.com