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Technology Stocks : Dell Technologies Inc.
DELL 122.46-8.5%Nov 17 3:59 PM EST

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To: calgal who wrote (157320)5/23/2000 12:46:00 PM
From: kemble s. matter  Read Replies (1) of 176387
 
Leigh,
Hi!!

RE: Dell's new service to host Web pages for small and mid-size companies, launched in February, has already gained more than 2,000 customers. About 40 percent of them are new to Dell, and half of them switched from other vendors, the company said.

Overall, its service revenue climbed more than 50 percent to more than $500 million during the first quarter ended April 28. That's still not as big as rival Compaq Computer Corp., whose services business totaled $1.8 billion in the first quarter ended March 31.

"They're coming off a very small base," Amir Ahari, an analyst with U.S. Bancorp Piper Jaffray, said of Dell. "While $500 million is not that much, it's a lot to expect for them to be a global player overnight. They just started focusing on that a couple of quarters ago."

Should be very interesting following the growth of the services DELL is expanding into...



Best, Kemble
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