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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Jules B. Garfunkel who wrote (75332)	3/4/1999 4:22:00 PM
From: Mary Cluney	Read Replies (1) of 186894

Jules, Re: IBM/Dell Joint Agreement IBM gets a lot of good PR and a one time boost to stock prices - but what does Dell get of this deal? >>>IBM said in conference call with analysts that the deal had "no contractual dollar guarantees," <<< If they were really going to spend $16 billion dollars, I'm sure Lou Gerstner would have shown up and shooks hands with somebody. These guys can't predict want happens on a quarter by quarter basis and they're going to commit to spending billions 7 years down the road? I'm not from Missouri, but you will still have to show me the money . Regards, Mary

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