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

To: D.J.Smyth who wrote (156852)	5/8/2000 4:43:00 PM
From: calgal	Respond to of 176387

From the Chase H & Q Tech Conference: Dell server aims cbs.marketwatch.com Dell Computer (DELL: news, msgs), which will report its first-quarter results on Thursday, kept mum on specific financials, but was quick to point out the PC maker's strength in the sector. Chief Financial Officer Jim Schneider said Dell is the No. 2 supplier of servers in the United States, snagging 25 percent of the market. The CFO also pointed out that while Dell's core business is very profitable, the company wants a much greater share the server business. He added that Dell Ventures has already invested $800 million in about 100 public and private companies, which include B2B and B2C companies, as well as data transfer, services and access organizations. Schneider concluded by saying that Dell sees Windows 2000 as benefiting the company in the second half of 2000.

To: D.J.Smyth who wrote (156852)	5/8/2000 4:52:00 PM
From: calgal	Respond to of 176387

Venture capital rains on Austin austin360.com By Jerry Mahoney American-Statesman Staff Monday, May 8, 2000 Austin companies pulled in nearly $768 million in venture backing in the first quarter, by far the largest quarterly total and slightly more than half the $1.5 billion total for all of Texas, according to a new study by the National Venture Capital Association. The 655 percent increase from the $101.7 million in the first quarter of 1999 included an unusually large round of funding, $232 million for Grande Communications. The company is building a high-bandwidth fiber-optic line between Austin and San Antonio. Texas' total venture backing of $1.5 billion is almost 260 percent larger than the $423 million in the first three months of 1999. Nationwide, venture capitalists poured a record $22.7 billion into 1,557 U.S. companies during the first quarter, the association said. That was a 266 percent increase from the $6.2 billion in last year's first quarter. Three-fourths of U.S. investments, or $17.1 billion, went to Internet companies, the association said. Whether such extraordinary increases will continue this year remains a big question for high-tech and venture capital industries. Investors cashed out of many Internet-related stocks late in the quarter, and the Nasdaq composite index is down 17 percent since March 31. Venture capitalists, who depend on public markets to reward their risk-taking when startups sell stock publicly, have said the flow of money into startups is likely to slow somewhat. Silicon Valley remained the national center for new investment, attracting $7.9 billion, or four times last year's first quarter. John Taylor, research director for the venture capital association in Arlington, Va., said Austin probably will remain the Texas leader for the foreseeable future. "Austin is an example of something gone right," Taylor said. "You've got the private sector, the public sector and the education sector all working together." You may contact Jerry Mahoney at jmahoney@statesman.com or 445-3642.