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

To: J. D. Main who wrote (142075)	9/15/1999 7:20:00 AM
From: J. D. Main	Read Replies (2) \| Respond to of 176387

Pilgrims.....Another source for the Barclays story-------> This source has a little different take on the story. Wednesday September 15, 6:57 am Eastern Time Barclays signs 50 mln stg IT deal with Dell LONDON, Sept 15 (Reuters) - Barclays Plc on Wednesday signed a 50 million pound contract with U.S. Dell Computer Corp. (Nasdaq:DELL - news) to centralise its global IT operations. As part of the three-year deal, Dell, the world's second largest supplier of personal computers, will provide Barclays with a total managed global service enabling it to offer leading-edge solutions to PC users throughout its business, improve productivity and reduce costs. ``By moving to a partnership model and creating a three year deal, we will be able to move at the Internet speed that our business now demands,' David Weymouth, managing director of Barclays Service Provision, told a news conference. ``This deal helps us to move Barclays towards a position as technology leader in the UK banking industry.' Weymouth did not specify the savings that Barclays, one of the four main UK retail banks, would get from the ``one-stop shop' IT contract, but he said they would be ``significant.' ``This deal lets us get on with banking,' he added. Barclays has recovered from a gloomy period last year and embarked on a major drive to contain costs. Its shares have outperformed the UK banking sector by 22 percent this year and were trading at 17.23 pounds in morning trade, up 27 pence or 1.6 percent on the day. Dell will provide Barclays with all its PC servers, desktops, workstations, notebooks and associated PC accessories and services. Dell Chairman and Chief Executive Michael Dell said the deal illustrated the advantages of its unique Direct business model. As the single supplier, Dell would partner ``best of breed' industry suppliers to deliver any additional services required by Barclays. Dell, in Europe for a number of meetings, said services were becoming a significant part of its business and represented about $2 billion of $27 billion of total revenues in the last year. Barclays' Weymouth said the new systems could lead to some job reductions, but these had already been factored into the 6,000 jobs Barclays is shedding in its retail banking operations this year as part of the cost drive. J.D.

To: J. D. Main who wrote (142075)	9/15/1999 6:32:00 PM
From: kemble s. matter	Read Replies (2) \| Respond to of 176387

JD, Hi!! Hey...Thanks! What a great clue to why DELL is conquering the world..Notice the statement from Michael: Michael Dell, Chairman and CEO of Dell, commented: ``This agreement underlines our ability to provide a quality, one-stop solution on an enterprise scale and clearly illustrates the advantages of our unique Direct business model. Business velocity, efficiency and the ability to deliver a superior customer experience - all integral elements of the Dell Direct Model - are fast becoming the new competitive differentiators, not just within the IT industry but across all businesses as a whole.' THE CUSTOMER EXPERIENCE....OWN IT!!! "This is the new battleground" and DELL is 15 years ahead of the rest!! BUY DELL Best, Kemble