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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%3:59 PM EST
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To: Sam Bose who wrote (142243)9/16/1999 10:24:00 PM
From: Dorine Essey  Read Replies (1) of 176387
 
Hi Sam,
I found this on the RB board.
By: Aurelia__
Reply To: None Thursday, 16 Sep 1999 at 3:56 PM EDT
Post # of 39090


9/16/99 - Dell Takes Massive Supply Order from Barclays, Edging Out Two Middlemen

Sep. 16 (Daily Mail/KRTBN)--Hi-Tech floats are usually soaraways: but two recent glaring disappointments were
Computacenter and Morse Holdings.

Why? One reason was fear of Michael Dell, boss of Dell Computers and one of the world's richest men.

Yesterday, he showed what middlemen like Morse and Computacenter have to fear. He unveiled a UKpound 50
million deal to supply all of 50,000 computers at Barclays Bank.

Dell will also take over help-desk and maintenance services, cutting out Computacenter. It takes orders via the Internet and claims its costs are 50 percent below rivals who use middlemen.

Dell is leading the move to e-commerce, but others are following. Software installer Axon says average contracts
for e-commerce systems are worth UKpound 500,000 and should soon top UKpound 1 million.

First-half profits almost doubled to UKpound 1.7 million. The shares are 302 1/2 pence. The mention of
e-commerce spreads "pixie dust" for investors, says George O'Connor, of broker Granville.

By Tim Freeborn


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