Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OLDTRADER who wrote (105871)	3/1/1999 9:49:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

Dell's growth rate at 94% in Latin America in 1998 says Dataquest. WBM: Try this out for size. ================================ LATIN AMERICA PC MARKET GREW 10 PERCENT IN 1998, ACCORDING TO GARTNERGROUP'S DATAQUEST SAN JOSE, CALIF. (March 1) BUSINESS WIRE -March 1, 1999--The Latin America personal computer market grew 10 percent in 1998, with shipments of almost 3.7 million units, up from 3.3 million units in 1997, according to Dataquest Inc., a unit of Gartner Group Inc.(NYSE:IT). "Difficulties emerged from the effects of the Asian crisis. Additionally, a severe contraction of credit throughout the region and shrinking government revenue dampened industry growth in most of Latin America," said Luis Anavitarte, senior industry analyst for Dataquest's Personal Computer Quarterly Statistics Latin America program. "Once again, Mexico posted strong unit growth, ending the period with a 24.5 regional market share, further reducing its traditional gap with Brazil." "Regional sales by Dell grew 94 percent over 1997, presenting a key issue among other vendors regarding the future viability of direct sales in an area dominated by increasingly fewer distributors and large amounts of resellers," added Mr. Anavitarte. Compaq substantially increased sales in 1998, moving upwards its market share 2.2 percent over 1997 results (See Table 1). Strong performances in Argentina, Brazil, and Mexico by IBM, solidified its hold on the No. 2 position, despite its overall flat growth in the region. Hewlett-Packard consolidated in the No. 3 spot with 9.3 percent growth.