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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 3:59 PM EST

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To: stockman_scott who wrote (112447)	3/25/1999 6:33:00 PM
From: jhg_in_kc	Read Replies (1) of 176387

Michael Ruettgers, CEO of EMC (NYSE: EMC), which just signed a deal to buy $3 billion of IBM-made disk drives over five years, said IBM is moving toward a focus on software, services, and components. He said it's likely that IBM would eventually outsource its PC operations to Dell , which recently signed an agreement to buy some $16 billion in parts from IBM over the next seven years.

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