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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%3:59 PM EST

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To: D. Swiss who wrote (79971)11/13/1998 3:50:00 PM
From: Mohan Marette  Read Replies (1) of 176387
 
<Intel> Rapid lift-off.

Drew: How interesting this is.

Friday November 13, 1:25 pm Eastern Time

Intel says online orders now $1bln/month

SAN FRANCISCO, Nov 13 (Reuters) - Intel Corp. (Nasdaq:INTC - news) said on Friday that it has booked $1 billion a month in orders from customers on the Internet since July as the world's largest maker of computers chips moves aggressively into so-called e-commerce.

''We've seen a very rapid liftoff'' of the company's e-commerce strategey, Sean Maloney, vice president of sales and marketing, told an analysts meeting here.

Intel stock was up $1.31 at $104 in afternoon trading on Nasdaq.

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