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


To: Dennis Kern who wrote (121039)4/28/1999 7:11:00 PM
From: Ian Davidson  Respond to of 176388
 


Dell looks south of the border
By Reuters
Special to CNET News.com
April 28, 1999, 3:50 p.m. PT

Dell Computer, which already makes 25 percent of its sales on line, said today it
expects to boost business in Latin America with what it called the first online
computer company "store'' targeting the region.

The site is in Spanish, with prices given in U.S. dollars.

"The Internet is growing rapidly in Latin America,'' Roberto Martinez, director of Dell's Home
and Small Business Division for Latin America, said in an interview before the company
announced its new site.

"We have very high expectations for the store,'' he said.

Industry analysts estimate that 20 percent of personal computers in Latin America are
connected to the Internet, well below the worldwide level of 48 percent, Martinez said. But
the Internet growth rate in the region is expected to outpace that of every other continent in
the coming years.

In 1998, there were 5.73 million Internet users in Latin
America, a number that is supposed to jump to 8.54 million
by the end of 1999, according to International Data Corp.
figures cited by Dell.

Martinez said Dell ran a pilot version of its new site from
January until early April and, without advertising or marketing,
sold $1.5 million in systems.

"We think that proves that people [in Latin America] are as
willing to buy systems on the Internet as they are in the U.S.
and Europe,'' he said. "On a worldwide basis, today we are
selling about $14 million a day through our online stores.''

Martinez would not say how much of Dell's business comes from Latin America, citing
company policy. "It's a very important market for us and growing very rapidly,'' he said.

Dell already operates 44 Web sites in 21 languages for 44 countries.

"As far as we know, and we've checked, we are the first to have a pan-regional store in
Spanish,'' he said.

Martinez also said Dell intends to open a Portuguese- language online store for Brazil's
market by the end of this year.

Dell has said it wants to do 50 percent of its business globally online by the end of 2000.

Story Copyright © 1999 Reuters Limited. All rights reserved.











To: Dennis Kern who wrote (121039)4/28/1999 7:21:00 PM
From: MichaelA  Read Replies (1) | Respond to of 176388
 
re: options trading in IRA

Because you cannot margin an IRA account you are limited to buying calls/puts and selling covered calls. Writing calls/puts, covered puts and many combinations are out of bounds.

Of course, each firm can create stricter rules and often do.

-- MA



To: Dennis Kern who wrote (121039)4/29/1999 6:45:00 AM
From: tsyl  Respond to of 176388
 
re:options in retirement account...
Im with Fidelity. Capable of trading calls/puts, shorting stocks and writing covered calls.
Good luck.