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Technology Stocks : Dell Technologies Inc.

DELL 127.57

+4.1%

10:16 AM EST

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To: John Koligman who wrote (134750)	6/27/1999 9:58:00 PM
From: AnnieO	Read Replies (2) of 176387

Dellers......... Dell extends Boeing deal, part of corporate surge June 27, 1999 12:36 PM EDT NEW YORK (Reuters) - Dell Computer Corp., the world's No. 2 personal computer maker, said it plans Monday to announce that Boeing Co., one of Dell's five largest customers, will extend its existing purchasing contract to cover all of the aircraft maker's sites worldwide. Terms of the new and existing deals were not disclosed. But executives of the Round Rock, Texas computer maker said the expanded contract at Boeing marks the latest in a streak of big corporate sales wins for Dell that is part of a surge in both renewal and new customer contracts. A Dell spokesman said that 63 percent of contracts Dell has bid on in the past two quarters it has clinched, up from win rates of 40 percent to 50 percent in prior years. This reflects what Michael Dell, the company's founder and chairman said in interview last week was a surge in the company's market share, aided in recent quarters by the turmoil at Compaq Computer Corp., the No. 1 PC maker.

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