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


To: Mohan Marette who wrote (110869)3/22/1999 7:10:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
Mohan: From Dow Jones News Wires...

MSD was talking....of course CNBC and others are not listening. Why not incorporate the following comments into their repetitive updates:

<<"Our overall cost structure is much less than any competitor," said an unworried Dell. "You'll see Dell Computer continue to grow much faster than the rest of the industry," he added, noting that his company will beef up sales efforts this year in the $50 billion server market, where Dell has a mere 8% market share.

Dell also outlined an ambitious plan to increase his company's personal computer presence, which currently has a 9% global market share. "My goal is for us to have a 25% market share in four to five years and perhaps 40% in seven to eight years," said Dell.

In reaching these numbers, Dell hopes to achieve 50% of PC sales online. "We were at 25% in the fourth quarter and it keeps going up," Dell boasted without revealing a time frame for reaching the 50% target. Dell also "wouldn't rule out the possibility" of expanding via acquisition, but was quick to note that he "is not actively looking for a takeover target." ---MSD>>

I think I'll continue to TRUST Michael and his team. It's time to tune out some of the ANALysts and media pundits.

Regards,

Scott