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Technology Stocks : Dell Technologies Inc.
DELL 146.68-1.7%Nov 7 9:30 AM EST
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To: Venkie who wrote (156107)4/6/2000 4:30:00 PM
From: Patrick E.McDaniel  Read Replies (2) of 176387
 
Dell executive denies AMD chip-pact talk

NEW YORK, April 6 (Reuters) - A top Dell Computer Corp. (NasdaqNM:DELL - news) executive on Thursday denied Wall
Street speculation that the personal computer maker was in talks to cement a major microprocessor supply deal with Advanced
Micro Devices Inc. (NYSE:AMD - news).

``That's not true,' Dell Vice Chairman Kevin Rollins told Reuters during Dell's annual meeting with Wall Street analysts.

Rollins was responding to speculation by a Wall Street analyst that Dell was ``in serious supply discussions' with AMD, a distant
No. 2 to Intel Corp. (NasdaqNM:INTC - news) in the market to supply semiconductors to makers of personal computers.

Dell, the world's No. 2 personal computer maker, is Intel's top customer, and it is the only major computer maker not to use AMD processors in its machines.

Salomon Smith Barney analyst Jonathan Joseph said in a research note Thursday that Dell was moving forward with developing a consumer-oriented system based
on AMD's new Athlon high-speed chip, perhaps as soon as May or June.

But Rollins said the speculation was not true.

``There's no change in direction,' Rollins said. ``We meet with AMD every month. We've been pretty consistent over five years telling analysts the same thing. This
comes up at every meeting, but there is no news, no announcement.'
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