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Technology Stocks : Dell Technologies Inc.

DELL 129.25

+0.6%

3:59 PM EST

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To: rudedog who wrote (165256)	5/10/2001 8:04:31 AM
From: kaka	Read Replies (1) of 176387

Rudedog, You certainly called this one correctly!! ""According to sources, Meredith's purported resignation hints of philosophical division in the Dell executive suite. Meredith, who now carries the title of senior VP, business development and strategy and is probably so rich he never has to work again, is responsible for the job cuts. Meredith, however, reportedly wants Dell to press on the more profitable server and storage front. Dell recently bloodied frontrunner Compaq by toppling Compaq off its throne as king of servers in the US market for the first time in history. Dell's co-president and co-COO Kevin Rollins, on the other hand, reportedly wants Dell to focus on bleeding its PC competition, destroying houses such as tottering Gateway and amassing market share at the cost of its margins. Meredith has previously told colleagues that if he didn't get his way, he "might not be there.""

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