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

To: Mohan Marette who wrote (97505)	2/11/1999 9:31:00 PM
From: abraves	Read Replies (2) \| Respond to of 176387

Good News from the Field...... I was just at one of our customer offices and I was talking to the employee who orders the PC's for the southwest region. He told me that DELL asks their big customers for estimates each quarter on how many computers they will order. The Southwest region had only planned on ordering from 200-250 desktops and 25-30 laptops. He told me that they ended up buying 780 high end desk tops and 120 high end laptops... He also said that these new DELLS would be replacing DEC desktop PC's and CPQ laptops. He said they have several thousand more PC's to order from DELL before the end of the year because of Y2K. So much for the Y2K slowdown crap that analysts keep trying to predict. This also seems to verify Mikeys statement about taking corp. customers from the competition....

To: Mohan Marette who wrote (97505)	2/12/1999 5:45:00 AM
From: Mark Peterson CPA	Read Replies (1) \| Respond to of 176387

FWIW - Industrial Spending in China Paris, Friday, February 12, 1999 China Industrial Output Rises Amid Government Outlays -------------------------------------------------------------------------------- Compiled by Our Staff From Dispatches -------------------------------------------------------------------------------- BEIJING - Chinese industrial output surged 17.9 percent in January from a year earlier, growing at more than double the rate of expansion in 1998, the Xinhua press agency reported Thursday, citing the State Statistics Bureau. Industrial output reached 151 billion yuan ($18.24 billion) following government efforts to invigorate the economy through heavy spending. Power generation, a key barometer of activity in the industrial sector, rose 10 percent, in sharp contrast to the 1 percent growth registered a year earlier. Cement production was up 37.2 percent in the year through January, while heavy industry as a whole grew 19.1 percent. China launched a $12 billion infrastructure spending program last year as economic and industrial growth slowed alarmingly. ''A steep rise in the growth rates indicates that the country has at last dragged its industrial sector out of the doldrums thanks to the government's pump-priming measures,'' the China Daily said. But economists were reserving judgment on the increase in output until the release of data for February. Chinese economic statistics for the first two months of the year are always affected by the timing of the Lunar New Year festival. Southeast Asian markets are also affected by the festival. The festival this year falls in mid-February, compared with the end of January last year. For instance, the later date for the festival may mean that retail spending in January appears weaker than a year earlier as consumers this year hold off on much of their shopping until February. -------------------------------------------------------------------------------- Mark A. Peterson

To: Mohan Marette who wrote (97505)	2/12/1999 6:00:00 AM
From: Mark Peterson CPA	Read Replies (1) \| Respond to of 176387

Here's the skinny on Dell's principal competitor in China. Legend net profit soars 64pc CAPTION: Legend chairman Liu Chuanzhi says Legend's PC distribution and systems integration businesses were the major sales growth drivers in the first three quarters of the financial year. STORY: DESPITE fierce competition in China's computer market Legend Holdings announced yesterday a spectacular 64 per cent increase in net profit for the three quarters to 31 December 1998 to $199 million. The mainland's biggest computer manufacturer saw its operating profit surge to $242 million from $201 million recorded a year ago on a 46 per cent rise in turnover to $8.67 billion. Legend chairman Liu Chuanzhi claimed the company's personal computers (PCs), distribution and systems integration businesses were the major forces behind the substantial increases in sales. Figures provided by the group show that total PC shipments reached 630,000 units in the first three quarters of the financial year. These figures represented a 71 per cent jump from the same period last year and a 16.5 per cent share of the total PC market in China. A record 259,000 Legend PC units were sold in the third quarter alone. Mr Liu said he was confident Legend would achieve its sales target of more than 780,000 PCs for the financial year to 31 March 1999 on the back of increased government spending on computers in the second half. Based on a 28 per cent growth in China's PC market in 1998, Mr Liu expected the growth rate in 1999 not to be lower than the previous year. Gross margins for the nine months to December stood at 14.3 per cent, compared with 14.2 per cent for the six months to September. Seapower Securities analyst Samuel Chua said Legend's financial position was healthy but that margins on its PC distribution and system integration operation were being squeezed by fierce competition. Group executive director Mary Ma said Legend was now in talks with the Bank of China in Hong Kong for a possible new trading credit facility of more than $100 million. The company earlier received a $1 billion yuan credit line from the Bank of China in Beijing, of which 30 to 40 per cent has been used. At end-1998, its long-term liabilities had jumped to $214 million from $29 million at end-September. Mark A. Peterson