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

To: kemble s. matter who wrote (155909)	4/4/2000 1:57:00 AM
From: calgal	Read Replies (1) \| Respond to of 176388

Hi Kemble! TP posted this article, but I thought you would appreciate this quote. It reminded me of what you say about Dell set-up to sell everything from Jets to Paper Clips! "Dell has great one-to-one relationships with millions of customers around the world. Now it wants to use the Dell brand to sell those customers things other than computers." Re: forbes.com Today was a buying opportunity, thanks to Janet and company! :)Leigh

To: kemble s. matter who wrote (155909)	4/4/2000 2:43:00 AM
From: calgal	Respond to of 176388

"Techpacific.com, a Hong Kong-based incubator of Internet start-up firms, said that Dell Computer (DELL: news, msgs) has made a strategic investment in the firm and taken a seat on its advisory board." Hi Kemble! Re: "DELL's strength today was very impressive." Considering the day, I agree that Dell showed impressive strength. I think Dell is showing positive forward momentum! :)Leigh Techpacific gets Dell financing ahead of HK IPO cbs.marketwatch.com By Bill Clifford & Vivian Chu, CBS MarketWatch Last Update: 10:41 AM ET Apr 3, 2000 Listen to Internet Daily Internet Daily Europe New! Internet Daily Techpacific.com, a Hong Kong-based incubator of Internet start-up firms, said that Dell Computer (DELL: news, msgs) has made a strategic investment in the firm and taken a seat on its advisory board. Dell now owns a 2 percent stake in techpacific.com, a company spokesman said. The money will be used to fund regional growth, and Dell will also provide equipment and tech support for a new, enlarged incubation center. CBS MarketWatch Columns Updated: 04/04/2000 12:50:42 AM ET News of Dell's investment may help generate interest in the company's debut this Wednesday on Hong Kong's Growth Enterprise Market, which geared for technology start-ups. But recent tech-related IPOs have disappointed investors, and even well-known telecom and technology shares have taken a beating since last week. The GEM index has lost 23 percent since its launch late last year. "I don't know if we're going to see a big premium, since Internet stocks are not the flavor of the week. Investor appetite is definitely not as good as it was a few months ago," said Jonathan Iu, internet analyst for SG Securities in Hong Kong. The last company to debut on the GEM market, Imerchants, closed at 1.04 Hong Kong dollars Monday, down 30.2 percent below its its IPO price Friday of 1.48. Hong Kong's market is closed Tuesday for a public holiday. Dell joins Techpacific?s other strategic backers: Softbank in Japan, Draper Fisher Jurvetson in the U.S., GE Capital, Regent Pacific Group and Fidelity International. The amount Dell's investment and Techpacific's fund-raising results will be unveiled at a press conference Wednesday. First-e Asia Overseas Union Bank Ltd., Singapore's fourth largest lender (OUBLY: news, msgs), said it would launch a regional Internet banking venture with Dublin-based first-e by the third quarter of this year. The pair said they expected to attract a retail customer base in Asia of 100,000 in the first year of operation and become profitable after three years. OUB's over-the-counter ADRs The partners will take take equal stakes in first-e Asia, which will kick operations off in Singapore. From there, OUB and first-e plan to expand to Hong Kong, China, South Korea and Australia. Financial details were not disclosed. In a separate announcement, Avesta Technologies, Inc. said OUB has selected its the company's Web application product, eWatcher, to help manage end-to-end service availability of its e-banking business. See the press release. Bill Clifford & Vivian Chu report for CBS MarketWatch from Asia.

To: kemble s. matter who wrote (155909)	4/4/2000 2:47:00 AM
From: calgal	Read Replies (1) \| Respond to of 176388

"Compaq and CMGI have been nominated for seats on Divine's board, which includes executives from Microsoft, Dell Computer Corp. (NASDAQ: DELL), and other brand-name companies as well as former Chicago Bulls basketball star Michael Jordan." UPDATE 2-Divine increases size of IPO to meet demand (Adds details paragraphs 9, 12-15) By Yukari Iwatani CHICAGO, April 3 (Reuters) - Divine Interventures Inc. (NASDAQ: DVIN) said on Monday it increased the number of shares in its initial public offering to 65.9 million from 50 million to meet demand for the year-old Internet holding company. The offering for the Lisle, Illinois-based company, which invests in infrastructure service providers, market makers and consumer e-commerce companies, could generate proceeds of $461 million, up from $350 million, based on a per share price of $7. The range for the IPO has been pegged between $6 and $8. In an amended regulatory filing with the Securities and Exchange Commission, the company said about 20 million of the shares will be offered to the public and the rest will be placed privately. The company also has another 3 million shares it could offer depending on market conditions and demand. Divine plans to use net proceeds to repay debt, contribute to its 54 associated companies, purchase property for a new facility, acquire companies and fulfill agreements with its business partners, which include Microsoft Corp. (NASDAQ: MSFT) and Compaq Computer Corp (NYSE: CPQ). The company is expected to have its IPO in late April. A source told Reuters that Divine is finalizing plans for its road show for investors, a process that usually takes a couple of weeks. Divine said in the filing that Compaq agreed to invest $50 million and Microsoft agreed to add $50 million to the $25 million investment it made previously in exchange for shares. Computer hardware company Hewlett-Packard Co. (NYSE: HWP), Internet consultant firm MarchFirst Inc. (NASDAQ: MRCH) and the world's No. 2 insurance broker Aon Corp. (NYSE: AOC) each agreed to buy $25 million in shares. CMGI Inc. (NASDAQ: CMGI), which is also a Divine competitor, increased its total investment to $65.8 million, in order to maintain the 4.9 percent stake it had before Divine increased the number of shares. Compaq and CMGI have been nominated for seats on Divine's board, which includes executives from Microsoft, Dell Computer Corp. (NASDAQ: DELL), and other brand-name companies as well as former Chicago Bulls basketball star Michael Jordan. Divine said it has entered into commercial agreements with many of these companies. For example, it agreed to promote Microsoft software, designate Hewlett-Packard as a preferred supplier of some hardware and software, and designate Compaq as a supplier for other hardware. According to the filing, Divine must open a Seattle office within 60 days of its IPO to fulfill an agreement with Microsoft. The company said it currently has 654 employees including employees at its majority-owned associated companies, and it plans to add at least another 1,040 employees by the end of the year. Divine also plans to expand internationally through partnerships with capital and infrastructure service providers around the world. Divine said it has already bought an interest in LAUNCHworks in Calgary and Emicom Group in Israel. It has also agreed to acquire an interest in a new company in Latin America that would provide capital and strategic services. Divine is considering expanding to the Far East within the next three months. Credit Suisse First Boston is the lead underwriter for Divine's IPO.