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

To: T.R. who wrote (145920)	10/27/1999 3:52:00 PM
From: OLDTRADER	Read Replies (1) \| Respond to of 176387

REDELL/H&Q-I have the advice from H&Q in my hand-there is no discussion.wbm-CNBC has been disseminating an overly negative information all morning.wbm

To: T.R. who wrote (145920)	10/27/1999 4:13:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Hi Tom,..Re:. DELL COMPLETES ACQUISITION OF CONVERGENET BUSINESS ROUND ROCK, Texas--(BUSINESS WIRE)--Oct. 27, 1999--In a move that strengthens its position as a leading provider of enterprise computing solutions, Dell Computer Corporation (Nasdaq:DELL.O) today announced it has completed the acquisition of ConvergeNet Technologies Inc. of San Jose, Calif. On Sept. 8, Dell announced a definitive agreement to acquire ConvergeNet, the creator of storage domain management technology for enterprise storage area networks (SAN). Under terms of the agreement, 6.9 million shares of Dell common stock were exchanged for all outstanding shares and options of ConvergeNet. In connection with the acquisition, Dell will take a one-time charge against after-tax earnings of an expected five to seven cents per share for purchased in-process research and development expenses. The charge will be reflected in the fiscal third quarter ending Oct. 29. Ranked No. 78 among the Fortune 500 companies and No. 363 in the Fortune Global 500, Dell Computer Corporation is the world's leading direct computer systems company, based on revenues of $21.7 billion for the past four quarters. Dell designs, manufactures and customizes products and services to customer requirements and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained through its toll-free number 800/388-8542 or by accessing the Dell World Wide Web site at www.dell.com. Dell is a registered trademark of Dell Computer Corporation. Fortune 500 is a registered trademark of Time Inc. Dell disclaims any proprietary interest in the marks and names of others. From the broker's site, can't link. Cheers, Lee