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Technology Stocks : Dell Technologies Inc.
DELL 138.98+4.0%3:59 PM EST

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To: Dorine Essey who wrote (145159)10/19/1999 5:02:00 PM
From: Lee  Read Replies (2) of 176387
 
Dorine,..Re:.IBM will stop selling Aptiva computers in retail stores, effective January 1. Stockwinners.com reports that DELL will pick up the ball and make PC's for IBM. This news should find DELL on the upswing. Don't count Mike out as yet.

Dorine, if this news release is correct, this is just a redirect for IBM. Doesn't have anything to do with Dell that I can see except for copying their 'direct' sales method.<g>

IBM To Halt U.S. Consumer PC Retailing

dailynews.yahoo.com
NEW YORK (Reuters) - Personal computer pioneer International Business Machines Corp (NYSE:IBM - news). Tuesday said it will stop selling its consumer PCs in U.S. stores in early 2000 and redouble its focus on Internet sales.

IBM left the door open to resume sales in the fiercely competitive U.S. retail arena, once it develops a profitable formula for selling consumer desktop PCs on store shelves, where prices have plunged over the past year, a company spokeswoman said.


In the interest of becoming less clueless (me), do you think that the margin pressures that IBM is feeling in the marketplace are isolated to IBM? Somehow, it looks like an industry problem?

Cheers,

Lee

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