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Technology Stocks : Dell Technologies Inc.

DELL 125.97

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3:59 PM EST

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To: T.R. who wrote (72380)	10/16/1998 7:21:00 AM
From: Mohan Marette	Read Replies (1) of 176387

<IT spending> Who said IT spending will slow down,was that HP's Platt. Hi T.R. Here is some news contradicting Platt's pronouncements on IT spending.Yeah,don't it see it. ======================== French To Spend $40 Billion On IT (10/15/98 8:35 a.m. ET) By Alan Tillier, contributor, TechWeb High spending by French companies on IT products and services is set to continue, while IT spending habits will change as companies reduce the number of suppliers they use by half, according to two studies published this week. Business and consumer spending this year on hardware, software, and services will reach 222 billion francs ($40.4 billion), an increase of 10.4 percent over 1997, according to a study published Monday by International Data Corp., in France. Another study published Thursday by IT consultants Pierre Audouin Conseil puts business spending alone at $33.5 billion this year........ techweb.com

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