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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?


To: Dorine Essey who wrote (1256)4/29/1999 7:14:00 AM
From: Frank E W  Respond to of 1593
 
Hi Dorine... PC growth in China 100% a year..from the DELL thread

SAN FRANCISCO (Dow Jones)--Dell Computer Corp. (DELL) Chief Financial Officer Tom Meredith said Wednesday the company's consumer personal-computer sales, which were at a $3 billion run rate last year, will be substantially higher this year.

During a presentation at Hambrecht & Quist's technology conference here, Meredith said Dell's consumer PC sales, which make up 5% of the company's total revenue, have been growing at six to nine times the average rate of growth for the industry over the past three years.

Overall sales in China, launched last August, have grown more than 100% and are rapidly increasing, Meredith said.

He said that if sales in China and in India match the market penetration of South Korea - one PC sold for every 12.5 people - world-wide PC demand would more than double.




To: Dorine Essey who wrote (1256)4/29/1999 8:30:00 AM
From: B.C.  Read Replies (1) | Respond to of 1593
 
Dorine,

No, of course I didn't sell. And what an idiot that "jds" was to assume he could get us to all run out and sell simply because of his inane post!!!

Best of luck in XNET!

:)

Carli