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To: terri acey who wrote (4192)	10/24/1998 11:24:00 AM
From: Tim Luke	Respond to of 7247

-------------------------------------------------------------------------------- Related Quotes DELL 58 1/4 -5/8 delayed 20 mins - disclaimer Saturday October 24, 12:16 am Eastern Time Dellsees company sales on Internet growing CHICAGO, Oct 23 (Reuters) - Dell Computer Corp. chairman Michael Dell on Friday said that the company's sales on the Internet continue to rise from the average $6 million a day posted in the company's fiscal second quarter. Dell, speaking to executives here, said the company's Internet sales grew from about $1 million a day in March 1997 to $4 million a day in March 1998. Just months later, Internet sales had grown to $6 million a day. ''And that number still keeps rising,'' Dell said, adding that Internet sales are also increasing as a percentage of revenues. While electronic commerce is important, Dell said the Internet has fundamentally changed the way the direct marketer of computers does business. For example, he said 20 percent of all visits to the company's Web site were for service and support. In a media briefing following his speech, Dell declined to comment on analysts' earnings estimates but said business at the company he founded ''continues to be very good.'' He said the Asian economic turmoil has worked in Dell Computer's favor in some aspects. The economic crisis has caused prices of computer components produced there to tumble, for example, and Dell said those prices continue to fall at a fast rate. ''Because Dell has only eight days' inventory, we're able to capture that savings and pass it on to our customers faster than any other company,'' Dell said. For Dell's fisal 1998 ended Feb. 1, just 7 percent of revenues were from the Asia-Pacific region and Japan. But Dell said the company's growth there has been well ahead of the computer industry. Talk of gloom and a possible U.S. recession also did not shake Dell, who serves as chief executive of the company as well. ''Certainly we look at what's going on in the financial markets and you have to undertake some caution and think about how this is going to impact buying patterns,'' Dell said. ''One of the things that we observed is that when companies go into a mode of looking to reduce costs, we actually get invited to bid more often,'' he said. ''I'm not convinced that just because the economy slows down we won't have more opportunities to grow and expand, if we're able to execute.'' Shares of Dell closed off 5/8 at 58-1/4.

To: terri acey who wrote (4192)	10/25/1998 9:50:00 PM
From: Tim Luke	Read Replies (2) \| Respond to of 7247

Enter Symbol: Symbol Lookup Quote News New! Chart Earnings Fundamentals Fund Profiles SEC Filings Research New! Stock Snapshot Co. Capsule Annual Reports Newsletters Choose and hit Go! Power Portfolios Tool Descriptions Other Services Baseline Reports INVESTools Mortgage Finder Card Finder Signal Online CBSMW Live News Index Market Snapshot IPO Report Surprises StockWatch LegalOptions New! Sports Biz New! Dollar volume Option Quotes PC shipments grew 13.7 percent in third quarter Last Update: 8:27 PM ET Oct 25, 1998 SAN JOSE, Calif (AP) - Despite a struggling global economy, more than 22.6 million personal computers were shipped worldwide in the third quarter of 1998 - a jump of 13.7 percent over the same period last year. Breaking News U.S. economy eases off the gas Gates' taped testimony will highlight Microsoft trial Good financial advice could help keep you sane Moscow mulling gold standard Sizing up Web trading field for better and worse More top stories... CBS MarketWatch Columns Updated: 10/25/98 8:01:24 PM ET "Though some regions of the world continue to confirm the dampening effects of the financial turmoil in Asia and the Pacific, worldwide personal computer unit growth remains healthy," said Bill Schaub, vice president of Dataquest Inc. in San Jose. In the United States, 9.5 million computers were shipped, up 18.2 percent from the year-ago period, said Dataquest. Western Europe reported strong growth based on a growing low-cost PC market and a strong economy, said International Data Corp., based in Framingham, Mass. Economic woes in Russia and the southeastern Asia markets countered the strong western European growth, though a positive growth rate in the Japanese market showed signs of a revival in consumer demand, said IDC. Market data from IDC shows that although Compaq (CPQ) remains the number one vendor in the world, its growth in the United States slipped 8 percent to just 15.8 percent of the market. Meanwhile, Dell (DELL) is growing rapidly, up 65 percent to take 14.1 percent of the U.S. market. IBM (IBM) clinched the No. 3 position for the United States with 34 percent growth, and Hewlett-Packard (HWP) and Gateway (GTW) rounded out the top five.