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

To: kemble s. matter who wrote (76649)	11/5/1998 8:44:00 AM
From: HDC	Respond to of 176387

Kemble, You must read the following article provided to us from Dorrine. It gives all of us a clear idea of where Michael Dell sees "our" company in 5 years. It also fits into our previous conversation about the expected revenues in 3 years as quoted from Mort Topfer. I am stunned to actually see the following quote from Mikey: "A 20 or 25 percent (market share) is probably about as much as we can have as a company in the next five years, without going to radically different fields," he added. November 5, 1998 04:46 AM TOKYO, Nov 5 (Reuters) - Dell Computer Corp DELL chairman Michael Dell said on Thursday Japanese enterprises have not used information sufficiently to improve the productivity of their businesses. Dell, speaking to Japanese executives here, said the percentage of gross domestic product spent on information technology in Japan is much lower compared to those in the United States and other industrialized countries. "For Japan to be as productive with its capital as U.S., there is going to have to be a lot better information," he said. He said at a time when information is becoming more important than physical assets, "this represents a real challenge for companies ... who don't embrace these changes quickly as they should." Dell also said the company would continue to focus its resources on production of PCs in the next few years to further boost its global PC sales share from the current nine percent. "A 20 or 25 percent (market share) is probably about as much as we can have as a company in the next five years, without going to radically different fields," he added. Dell showed the strongest and steadiest sales growth in the third quarter in the U.S. and European markets taking advantage of its efficient direct-to-the-customer sales approach. ((Tokyo Equities Desk +81 3 3432-8595 yuko.inouereuters.com)) REUTERS