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Technology Stocks : Dell Technologies Inc.
DELL 117.44-1.6%3:59 PM EST
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To: Boplicity who wrote (141663)9/8/1999 8:55:00 PM
From: Walcalla  Read Replies (1) of 176387
 
Tom Meredith; Dell not adverse to acquisitions.......Dell, founded in 1984 by Michael Dell, who was a student at
the University of Texas at the time, has shied from acquisitions
because the company's direct-sales structure is unlike most other
computer companies that sell through distributors.

Compaq, for example, struggled with its $9 billion purchase
of Digital Equipment Corp. last year.

Dell Chief Financial Officer Tom Meredith said the
ConvergeNet acquisition doesn't signal a change in that strategy.
At the same time, Dell will continue to look for small
transactions that can build its presence in fast-growing markets.
``If there are opportunities that present themselves, we are
not adverse to acquisitions,' he said.

The ConvergeNet acquisition won't add to Dell's earnings
until the company begins making new storage systems using
ConvergeNet's technology, Meredith said.
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