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Technology Stocks : Dell Technologies Inc.

DELL 126.41

+2.8%

3:59 PM EST

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To: Mohan Marette who wrote (55398)	7/31/1998 11:19:00 AM
From: Kayaker	Read Replies (3) of 176387

The following is from a Wall Street Journal article this morning about the GDP number. (subscription only, so am not posting the URL) "And businesses continued to spend heavily on new equipment -- especially computers. Equipment spending rose at a 17.8% annual rate. That's not nearly as rapid as the 34.3% rate of advance in the first quarter, a near 15-year record, but still strong. Computer purchases advanced at a 45% rate in the April-June period, down from 68.3% in January-March. Without them, the second-quarter growth rate would have been just 1% instead of 1.4%."

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