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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Stefan who wrote (28855)	3/4/1999 7:32:00 PM
From: Tony Viola	Read Replies (2) \| Respond to of 70976

Two interpretations below of a Michael Murphy interview on CNBC today in which he concludes PC sales aren't slowing: Message 8154859 Message 8154900 PC, and Intel sales are the single (double?) most conjectured, speculated, rumored sales area in the high tech, maybe any product, world. And, there is a large faction that would just love to be the first to find out and report for sure that they are down. Tony

To: Stefan who wrote (28855)	3/4/1999 10:22:00 PM
From: Jeffrey D	Read Replies (3) \| Respond to of 70976

Stefan:<<DELL sales growth slowed as per their last report. IBM, CPQ, HP, DELL now CompUSA are disappointing. Do you see a pattern here.>> So, Stefan, I now see you have added CompUSA to your outlook on the "big picture" in technology. Wow, first 3COM and now CompUSA. You sure know how to pick lousy companies to try to prove your point. In the meantime, in a story the same day as CompUSA's announcement, we have the following from Best Buy. If CompUSA wants to know where their customers went all they have to do is drive down the block to the nearest Best Buy store to find them. Funny that this does not seem to fit in to your "big picture" scenario. Jeff Thursday March 4, 9:35 am Eastern Time Best Buy Q4 same-store sales up 10.8 pct MINNEAPOLIS, March 4 (Reuters) - Electronics specialty retailer Best Buy Co. said Thursday that sales at stores open at least one year rose 10.8 percent in the fourth quarter as consumer spending remained strong. Total sales for the quarter were $3.456 billion, up from $2.852 billion a year ago, the company said. The fourth quarter same-store sales increase compared with a 16.9 percent increase in the year-ago fourth quarter, the company said. For all of fiscal 1999, which ended Feb. 27, same-store sales rose 13.5 percent, compared with a 2.0 percent rise the previous year, Best Buy said. Total fiscal 1999 sales were $10.08 billion, compared to $8.36 billion a year ago. ''Strong consumer spending combined with rapid acceptance of new technology products and a stellar performance by all of our employees drove us past $10 billion in sales,'' Richard Schulze, chairman and chief executive, said in a news release.