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

To: kemble s. matter who wrote (157935)	6/14/2000 5:00:00 PM
From: calgal	Read Replies (2) \| Respond to of 176388

Dell Computer Reiterated `Buy' at Bear Stearns By Lindsey Mackay Princeton, New Jersey, June 14 (Bloomberg Data) -- Dell Computer Corp. (DELL US) was reiterated ``buy'' by analyst Andrew J Neff at Bear, Stearns & Co. The target price range is $70-$80 per share.

To: kemble s. matter who wrote (157935)	6/14/2000 5:10:00 PM
From: calgal	Respond to of 176388

Dell beyond the box cbs.marketwatch.com Don Collis, international investor relations at Dell (DELL: news, msgs), said the company sees its future beyond the PC. "We are on the road to being the premier Internet infrastructure company," he said. Dell is trying to diversify its revenue base from the desktop PCs to other computing products. The company?s services business, such as consulting, has grown 54 percent in the last quarter to $1.17 billion in revenue. The storage products business is also a large growth unit, he said. The Dell Ventures unit has over $800 million invested in 90 companies, he added.

To: kemble s. matter who wrote (157935)	6/14/2000 5:24:00 PM
From: calgal	Read Replies (1) \| Respond to of 176388

Where e-business is driving the auto industry news.cnet.com With the Dell Direct model--"the object of much scrutiny by the auto industry," according to the authors--consumers can choose a custom configuration at Dell's Web site, arrange purchase and payment details online, and, if they wish, track the progress of their order through every phase of production. Orders go directly from the Web site into Dell's production schedule, and parts are ordered from suppliers only after the order and payment are received.

To: kemble s. matter who wrote (157935)	6/14/2000 5:30:00 PM
From: calgal	Respond to of 176388

Dell, Gateway see growth outside personal computers Reuters Company News - June 14, 2000 17:21 By Mark Weinraub marketwatch.newsalert.com MINNEAPOLIS, June 14, (Reuters) -- Both Dell Computer Corp.'s and Gateway Inc.'s growth strategies lie apart from the personal computers the companies are known for, company executives said on Wednesday. Gateway Chief Financial Officer John Todd said his company saw the key to growth as selling complementary products, such as Internet service and consumer software, to its PC customers. "This just allows us to add more flexibility and a much more predictable income stream," Todd said during a presentation at a US Bancorp Piper Jaffray investor conference. Todd said the company was looking for 40 percent of its profits to come from these additional products and services by the end of fiscal 2000, double the percentage of total income they generated at the end of 1999. These "beyond the box" services are important to building life-long relationships with the customer. Gateway lifetime customers generate $6,000 in revenues for the company, while one-time customers generate only $1,845 by buying a PC, Todd said. Dell, based in Round Rock, Texas, is looking to grow through expanding its product offerings, such as storage devices and servers, that capitalise on the popularity of the Internet. Dell Vice President of International Financial Relations Don Collins said its move to produce equipment that allows companies to run an online business was spurred by its customers. "Our own largest customers began pulling us that direction as they came in to visit with us about their own IT strategy," Collins said at the conference. Collins said Dell's plans also included increasing the number of technology consulting services it provides and winning new customers such as Internet service providers. "There is a secondary effect from these initiatives," Collins said. "They are an improved product mix, a shift more away from a pure desktop orientation and an expanding base of revenue and profit beyond a core hardware system." Todd said the flexibility of Gateway's business plan, and the increased contribution from its non-PC divisions, shields the company from rises in the price of materials needed to make its computers. He said he expected the the price of memory components for computers to rise in the second half of the year. US Bancorp Managing Director Ashok Kumar said the rise in component prices was "more of a seasonal issue." Companies that could focus on recurring revenue streams could limit the effect of component price fluctuations. Todd added that Gateway was comfortable with analysts' revenue estimates of $2.14 billion for the second quarter and earnings forecasts of 36 cents per share. He said that the quarter was back-end loaded so sales still had a long way to go to meet the estimates but were on track. Dell shares closed up 1-1/8 at 46-3/16 on the Nasdaq stock exchange on Wednesday, compared with a 52-week range of 33-1/4 to 59-11/16, while Gateway stock ended the day down 2-7/8 at 51-3/16, compared with a year-long range of 28-3/8 to 83-15/16. Copyright 2000 Reuters Limited. All rights reserved.