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To: Mohan Marette who wrote (1167)7/16/1999 1:08:00 PM
From: Tom_  Read Replies (1) | Respond to of 1434
 
Re: Dell buyout.

This was posted on the Yahoo MSPG thread at 12:57 EDT:

AUSTIN, Texas (Reuters) - Dell Computer Corp. (Nasdaq:DELL - news) is unlikely to buy an existing Internet service provider, and instead may plow resources into building its own Internet service, Dell vice chairman Kevin Rollins said Friday.

He told Reuters the computer maker had studied the idea of buying an Internet company because of Dell's plans to increase its Internet activities, but believes the price would be unjustifiably high. ''I believe they're pretty remote,'' Rollins said of the chances Dell would make such a purchase. ''We don't think we need to. We believe we can partner with Internet companies or we can use our own capabilities with our Dell.net effort.''
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Best wishes,
Tom
Edit: story has now been posted by Yahoo itself on its news board, thereby confirming its authenticity. T.