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

To: Mark Peterson CPA who wrote (108733)	3/10/1999 8:17:00 AM
From: Ditchdigger	Read Replies (2) \| Respond to of 176387

Isn't there a DELL conference today? Morgan?..Thought I read that somewhere..DD

To: Mark Peterson CPA who wrote (108733)	3/10/1999 8:21:00 AM
From: Dorine Essey	Read Replies (2) \| Respond to of 176387

Mark, I had heard this report and I appreciate your posting it. Looks like good news and DELL should go up today. Dorine ps. I can't find any listing of insider selling. Dorine

To: Mark Peterson CPA who wrote (108733)	3/10/1999 8:37:00 AM
From: Mohan Marette	Respond to of 176387

DELL's China Sales Forecast <repeat> Dell among Top 10 in Q4 for the first time. Message 8223622 Mark: I don't think Dell is hurting in China,can't say the same for others like CPQ,HP and IBM,I hear one or two or all three lost market share last year in China,while Dell made the top 10 list for the first time in Q4. PC sales in China is expected to grow at the rate of 25-26% for 1999. ============================ 3/5/99 DELL's China Sales Forecast HONG KONG - Sales of Dell Computer Corp.'s (DELL) computers could reach $1 billion in China within three years, said John Legere, Dell's President for the Asia Pacific Region, in an interview with Dow Jones Newswires. In the six months after it opened a new plant and applied its direct sales approach to China, sales have grown at a 50% monthly rate, Legere said. He added that Dell finished the year selling at an annual rate of more than $100 million. "I expect to break the billion dollar mark in China within three years," he said. "We're ahead of plan." He added that the company was profitable in China in the fourth quarter of its fiscal year ended January 1999, and was able to keep its inventory levels tighter than expected. The company began production in Xiamen, China in August, and now sells directly to corporate customers in 15 major cities and 80 smaller markets in the country. Dell had previously used dealers for its sales. The company also has production facilities in Penang, Malaysia. The company is still a relatively small player in the Chinese market, with a 1.2% market share, ranking it eighth among domestic and foreign players. Legend Holdings Ltd. (H.LHD), the mainland-based computer company, leads the market. But Legere said there is plenty of room for the entire market to grow. "In 2 to 3 years, China will be the second biggest personal computer market in the world," he said. In the fiscal year ended January 1999, Dell recorded global sales of $18.2 billion, compared with $7.8 billion in the previous year. (source: Dow Jones Newswires)