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

To: PAL who wrote (81929)	11/23/1998 10:38:00 PM
From: Mohan Marette	Respond to of 176388

PC Sales To Rise Online- DELL the mother of all internet companies. Hiya Paul-san How this for 'internut',eh? Well you know who is going to be THE BIGGEST BENEFICIARY here,right? =============================================================== (11/23/98, 9:01 a.m. ET) By Paula Rooney, Computer Retail Week PC Sales To Rise Online U.S. consumers will spend $665 million on software and $1.1 billion on hardware purchases online by the end of the year, doubling the $863 million spent over the Internet for computing products in 1997, according to a report issued last week by Forrester Research. The Cambridge, Mass., research company said it projected the $1.7 billion spent on PCs, peripherals, and software by the end of 1998 -- representing about 22 percent of total consumer online sales this year -- will balloon to $18.1 billion by 2003. The breakdown for the five-years-hence projection is $14.9 billion in hardware sales and $3.2 billion in software sales. Forrester said it estimated consumers spent a total of $7.8 billion online in 1998 and predicts that number will increase to $108 billion by 2003. "We're seeing a little more growth than anticipated [for 1998]," said Forrester research spokesman Michael Shirer, adding the company originally predicted $1.6 billion in online sales for computing products in 1998. techweb.com