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

To: Dorine Essey who wrote (153887)	2/14/2000 6:05:00 PM
From: calgal	Read Replies (2) \| Respond to of 176387

austin360.com Hi Dorine! FYI. Leigh :) business/tech Monday, February 14 Plugged In Compiled by staff Monday, February 14, 2000 Dell beefed up by IPOs Its own stock may be struggling, but Dell Computer Corp. scored Friday in the initial public offerings of two e-commerce companies. WebMethods Inc. skyrocketed $177.63, or 508 percent, from its opening price of $35 per share to finish its first day of trading at $212.63. Dell invested in the Fairfax, Va., company in November and owns 2.45 million shares, or 8 percent of the stock, according to filings with the Securities and Exchange Commission. That represents a cool gain of at least $424 million, depending on Dell's purchase price. Dell also did well with Lante Corp., a Chicago-based company, whose shares rose $34.94 from the $20 opening price to close at $54.94. Dell bought 2 million shares in December for $11 a share, according to SEC filings. Dell's gain: $87.9 million.