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


To: Paul V. who wrote (29971)5/7/1999 1:50:00 PM
From: Duker  Respond to of 70976
 
Dell Internet driving company's growth

WILLIAMSBURG, Va., May 7 (Reuters) - Dell Computer Corp. Chairman Michael Dell said on Friday the personal computer and server markets remained strong and the Internet was a major growth engine for the company, helping it to cut costs and drive revenues higher.

''The industry is very healthy, at least for companies that are well-positioned, so we're doing quite well,'' Dell told Reuters at a Business Council gathering of top U.S. executives. ''The PC market, the server market continue to grow at rapid rates. Our direct model continues to power ahead. The Internet is a major driver of growth for us.''

An increasing number of Dell customers are buying computers online, while the company is using the Internet to provide support to them.

''The Internet is right at the core of everything we are doing,'' Dell said. ''Last quarter 25 percent of our sales were online and that's running at a $5 billion run rate. We're supporting our customers online and an increasing percentage of our support transactions are occurring online.''

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To: Paul V. who wrote (29971)5/7/1999 2:12:00 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Paul V,

My Spy is afraid that --- at the rate Jeffrey is tracking Justa's "discoveries" about AMAT's "habits" --- he will soon be out of work in monitoring AMAT's price movements for me!...

Paul V, our prediction of 100+ , now that the "truth" is out, has a good chance of becoming a self-fulfilling prophesy...

... which is not bad really. All AMAT Investors including AMAT LEAPers and AMAT Observers (those who are going to buy AMAT on the next round beginning next year) will be very happy to know how easy to buy and profit on this stock...