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

To: calgal who wrote (148789)	12/8/1999 7:10:00 PM
From: calgal	Read Replies (1) \| Respond to of 176387

What is Dell doing? There is a Plan... obviously. You just have to look at the "Big Picture!" :) Leigh Lante, online market developer, plans $50 mln IPO WASHINGTON, Dec 8 (Reuters) - Lante Corp., developer of solutions for emerging e-commerce markets, filed with regulators to raise as much as $50 million in an initial public offering. The Chicago-based Internet consulting company said its products are geared to help develop Internet-based networks that allow multiple buyers and sellers to conduct business online, according to the preliminary prospectus filed with the Securities and Exchange Commission. Dell Computer Corp. (NASDAQ: DELL), the No. 2 U.S. maker of personal computers, holds an 8.94 percent stake in Lante before the IPO, the filing said. Lante said its clients include U.S. software giant Microsoft Corp. (NASDAQ: MSFT), as well as SciQuest.com Inc. (NASDAQ: SQST), a Web-based interactive market for scientific and laboratory products, and Chempoint.com, an Internet chemical distributor that plans to launch in the spring of 2000. Lante did not disclose how many shares it plans to sell or the projected price range for the IPO in its preliminary prospectus. Those details are expected in later filings. The $50 million figure cited in the IPO filing was merely a basis for calculating the SEC registration fee, the company said. It has applied to list its shares on Nasdaq under the symbol "LNTE.O". Lante, which has about 300 employees, said it plans to use the proceeds from the offering for working capital, marketing, recruiting and hiring of more staff, upgrading infrastructure and expanding into new geographic markets. The company said it had about $21.3 million in revenue during the first nine months of 1999 and posted $28,000 in net income. The underwriters of the proposed IPO include Credit Suisse First Boston, Deutsche Banc Alex. Brown, Thomas Weisel Partners LLC and Friedman Billings Ramsey.

To: calgal who wrote (148789)	12/9/1999 7:31:00 AM
From: Dorine Essey	Respond to of 176387

Hi leigh, I know what is wrong with DELL. This is NEWS that came out over and over again. They keep repeating the same old news. We all know that MD sells 4 million shares. Nov 29, Dec 7, 8. I know there are other dates of filings. This is nothing NEW but it drives the stock down. Dorine -------------------------------------------------------------------------------- Dell vice chairman files to sell company stock Plus: Filings news on CNet, Infospace.com and E-Tek By Amanda Tyler, CBS MarketWatch Last Update: 5:35 PM ET Dec 8, 1999 WASHINGTON (CBS.MW) -- Dell Computer Vice Chairman Kevin Rollins filed to sell 350,000 shares of common stock, worth an estimated $15.8 million, according to a filing released by the Securities and Exchange commission late Tuesday. The release of Rollins's filing comes just one day after the SEC released a Form 4 filed by Chairman Michael Dell detailing his sale of 4 million shares of the company's (DELL) common stock in mid-November. See related story. Rollins planned to sell the stock on Dec. 3 through Goldman Sachs. An SEC Form 144, such as Rollins', shows a filer's intent to sell shares. Actual verification of sales, if they occur, are required in later filings. There are an estimated 2.55 billion shares of Dell outstanding. The stock closed down 1 7/8 at 43 1/2 on Wednesday.