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

To: TREND1 who wrote (138366)	8/3/1999 12:24:00 PM
From: Esway	Respond to of 176388

Aug 03, 1999 (Tech Web - CMP via COMTEX) -- First quarter 1999 figures from Dataquest place Dell for the first time as the U.S. market leader in workstations runningboth Pentium-class processors and theWindows NT operating system. Dell now holds the No. 2 spot in worldwide NT workstation shipments, according to Dataquest. Meanwhile, Dell said it plans to announce price cuts Tuesday of as much as 16.6 percent on select configurations of Dell Precision WorkStations. Dell said it will also offer the Intel 600-MHz Pentium III processor on both the 210 and 410 versions of Precision WorkStation. Dell also said Monday that it plans to invest $33 million for a 5 percent stake in Fast Search & Transfer ASA, a Web search-engine company based in Norway. The companies said they plan to co-develop a search engine, targeting the search application that drives capabilities for ISPs in the consumer market, said a Dell spokesman. "Dell isn't looking to replace portals such as Yahoo, Excite, or Lycos," he said, "but simply become the search engine behind the portal." The spokesman said the companies plan to finalize their agreement within a 45 days. He said Dell is also looking for opportunities in search technology in the business market. -0- Copyright (C) 1999 CMP Media Inc.