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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 66.79+5.7%Jan 9 9:30 AM EST

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To: JustMy2Cents who wrote (4550)5/21/1999 4:29:00 PM
From: john douglas  Read Replies (1) of 5650
 
Possible tie-in with DELL co-branded Internet service ?

from
AUSTIN AMERICAN STATESMAN 5-21-99
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Dell to target home users
Program would include co-branded Internet service
by Jerry Mahoney, American Statesman Staff

As part of a major new push into the huge consumer market, Dell Computer Corp. is expected to launch a wide-ranging program this summer that would include shipping PCs to customers with no money up front and then providing them with Internet access through a co-branded Dell web site.

<more> ...

Dell's affiliation with an Internet service provider, possibly PSINet, will give Dell a revenue stream from monthly fees.

<more> ...

"There will definitely be a push on the consumer front to get more market share," Vice Chairman Kevin Rollins said in an interview Tuesday.

<more> ...

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Dell certainly needs to compete more effectively with Gateway in the consumer space. If PSIX is involved, look for a 5 to 10 point pop.
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