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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (131563)	6/7/1999 10:15:00 PM
From: TechMkt	Respond to of 176387

For anyone that missed it. Fez _______________________________ Monday June 7 7:18 PM ET CMGI's NaviSite In Deals With Dell And Microsoft By Nicole Volpe NEW YORK (Reuters) - NaviSite Inc. Monday said it signed deals with personal computer maker Dell Computer Corp. (Nasdaq:DELL - news) and software giant Microsoft Corp. (Nasdaq:MSFT - news) to promote their products to customers who use Navisite to manage their Web sites. In return, Dell, the world's No. 2 personal computer maker, agreed to take a 4.9 percent stake in NaviSite, while Microsoft will take a 4.4 percent interest in NaviSite, a majority-owned unit of Internet venture capital firm CMGI Inc. (Nasdaq:CMGI - news) The alliances make Dell and Microsoft preferred providers of hardware and services to 150 NaviSite clients, including the Web sites of jeans maker Levi-Strauss, stock investment chat-room Raging Bull and Ancestry.com, a genealogy firm. Financial terms of the agreement were not disclosed. The chief executive of NaviSite, which manages Web sites on customers' behalf and rents software applications via the Internet to them, said in a telephone interview Monday he considered the deals to be a ''significant endorsement.'' CMGI shares closed up $13.00 to $107.25 Monday, during a day when Internet-related stocks were rebounding after stiff declines in recent weeks for the sector. In its deal with Dell, Chief Executive Joel Rosen said NaviSite had named the Round Rock, Texas-based computer maker as its preferred supplier of servers, storage and PCs for clients who buy Web site hosting and software services from NaviSite. NaviSite will use Dell hardware to manage its customer Web sites and software services for customers who do not have a preference for other brands. Rosen said Dell and NaviSite intend to pursue co-marketing efforts, including cooperative promotions, targeted to small and large businesses -- ranging in size from less than 100 to more than 18,000 employees. In its deal with Microsoft, NaviSite will provide support for Microsoft's Windows Media Technologies -- software that allow Internet users to playback audio and video programming transmitted over the Web, Rosen said. NaviSite has agreed to offer these so-called streaming media services and software that are compatible with Microsoft Windows software. NaviSite is focused on offering standardized services to small and mid-sized companies, rather than providing customized services to giant corporations, an outsourcing model dominated by companies like IBM's Global Services unit. ''In a time of rapid technological change, it makes sense for a company to outsource,'' said Rosen. ''We are moving from the old universe of going through a heavy installation to using a more Internet-centric approach,'' he said. Rosen said NaviSite has grown in leaps and bounds from its position as CMGI's internal Web host in 1996 into a company that is widely expected by analysts to be one of the next companies that CMGI spins-off. The company declined to comment on its yearly revenues, or on the likelihood that CMGI would spin the company off sometime this year. Rosen said the company expects to grow through partnerships such as the ones with Dell and Microsoft. The company might also grow through acquisitions, especially ones that allowed the company to expand into markets outside the United States.

To: Boplicity who wrote (131563)	6/7/1999 11:25:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

<<DELL should make the above computer base station/Cell phone sychronizer Thingamabob <ggg>..>> Greg: It sounds great to me...why don't you email MSD..!! By the way, where did you get the commentary by Jacobs..? DELL will surprise the skeptics and not just be a major player in the PC and server market spaces. Watch for new product and service offerings -- think Broadband / Wireless /ISP /Internet Telephony and think BIG. Virtual Integration partnering will continue to open up wonderful possibilities for DELL. Best Regards, Scott