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

To: Patricia Walton who wrote (155636)	3/27/2000 4:27:00 PM
From: D. Swiss	Read Replies (1) \| Respond to of 176387

Patsy, I live in Armonk (IBM Country). My mother-in-law (the Outlaw) lives in Hyde Park near Poughkeepsie. As far as "Noticed anything strange going on at Big Blue?" I was wondering why they had that big banner in town that said WELCOME MIKEY, U DA MAN! :o) DRew

To: Patricia Walton who wrote (155636)	3/27/2000 4:43:00 PM
From: calgal	Read Replies (1) \| Respond to of 176387

Hi Patsy! I woke up at 4a, wondering if the Dell's were moving their family to NYC. Any news? Mikey has been investing Dell money again. :)Leigh Idealab isn't wasting time investing the funds, which came from T. Rowe Price Associates Inc., the No. 7 publicly traded mutual-funds company; Dell Computer Corp., the No. 1 seller of computers on the Internet; Hikari Tsushin, a Japanese mobile phone distributor; and others. Despite appearances, Morgan said, there aren't too many Internet companies now. ``The Internet is changing things, the way the auto did, the way radio and TV did,' he said. ``I see another decade of great growth.' quote.bloomberg.com Idealab! to Put Another $1 Bln Into Investment: Bloomberg Forum By David Zielenziger Idealab! to Put Another $1 Bln Into Investment: Bloomberg Forum New York, March 27 (Bloomberg) -- Idealab!, which financed and fostered 50 Internet companies like E-Toys Inc., is planning to invest $1 billion more in new businesses, said Vice Chairman Howard Morgan. Started in 1996 by entrepreneur Bill Gross, Morgan and others with about $3 million, Idealab's corporate investments now exceed $8 billion, Morgan told the Bloomberg Forum. If the return on the new investment raised in a private placement this month comes ``anything close to 100th of that, we'll be very happy,' the vice chairman said. Idealab isn't wasting time investing the funds, which came from T. Rowe Price Associates Inc., the No. 7 publicly traded mutual-funds company; Dell Computer Corp., the No. 1 seller of computers on the Internet; Hikari Tsushin, a Japanese mobile phone distributor; and others. A 40,000-square-foot satellite office of the Pasadena, California-based firm is under construction in lower Manhattan. It will house six companies that ``play to New York's strengths,' said Morgan, 54, a native New Yorker. In a few months, Buyjewel.com, an online jeweler, and Hello.com, an Internet greeting-card seller, will be under the watchful eyes of Morgan and other Idealab executives until they have about 35 employees and can be pushed out. That's what Idealab calls ``incubating' a company, said Morgan, a former professor of operations at University of Pennsylvania's Wharton School of Business. ``I traded graduate students for entrepreneurs; I traded Ph.Ds for great products,' he said. The New York office will copy Pasadena, where companies like E-Toys and GoTo.Com Inc. got their starts long before initial public offerings. Other Idealab companies that have gone public include NetZero Inc., Ticketmaster Online-CitySearch Inc. and Tickets.com Inc. Not all have been hits with investors. E-Toys is among the 10 worst-performing members of the Bloomberg IPO Index this year, and Tickets.com is trading below its $12.50 offering price. Morgan said they'd been ``very high flyers' on Wall Street that got ``unduly punished' by investors. Despite appearances, Morgan said, there aren't too many Internet companies now. ``The Internet is changing things, the way the auto did, the way radio and TV did,' he said. ``I see another decade of great growth.'