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


To: Sig who wrote (159275)8/8/2000 10:26:59 PM
From: Sam Bose  Respond to of 176387
 
Dell caters to dot-coms with expanded leasing plan

By Ian Fried
Staff Writer, CNET News.com
August 8, 2000, 4:45 p.m. PT

Who wants to lend capital to Internet businesses these days? Apparently, lots of computer makers do.

Dell Computer said today it has expanded a program that leases computers to Internet start-ups and companies looking to take their businesses onto the Internet. The move follows a similar program unveiled by Gateway last week.
In both cases the computer makers are touting the fact that e-businesses can preserve their venture capital by leasing computer equipment. The idea is that today's start-up might be tomorrow's Amazon.com.

"As they get larger we like to stay part of that business," said David Clifton, marketing director of Dell's small-business group. "It's great."

Dell has programs that target pre-IPO companies as well as companies that have gone public. In the program that targets newer companies, Dell requires businesses to have the backing of at least one venture capital firm and works only with companies that plan to spend $400,000 or more on tech gear in the next 12 months.

Both Dell and Gateway scrutinize the business plans, examine the management team, and sometimes take an equity stake in the companies before leasing equipment. For Gateway, an equity stake is sometimes a condition of the lease approval, while Dell said it can affect how much financing a company gets.

Neither company seems worried about the current shakeout affecting dot-coms.


"There's always going to be some amount of risk," Clifton said.

The venture leasing is part of the company's Dell E Works program for Internet commerce and infrastructure companies as well as traditional companies that want to streamline their businesses by using the Internet.

That effort began in February with Web hosting for small businesses and has been expanded to offer services such as online accounting and marketing. Dell also plans to expand the services it offers to larger companies.



To: Sig who wrote (159275)8/8/2000 10:41:09 PM
From: calgal  Respond to of 176387
 
Hi Sig:

August 8, 2000

Scottish Co. To Help Dell, Compaq

Filed at 12:54 p.m. EDT

By The Associated Press
HOUSTON (AP) -- One of the largest computer subcontractors in Europe is opening a Houston plant which the company says will create 300 jobs.

Fullarton Computer Industries, a Scottish manufacturing firm, has leased a 150,000 square-foot building for making equipment that can be used by Compaq Computer Corp., based in Houston, and Austin-based Dell Computer Corp.

Donald Wright, director of global operations for Fullarton, said Monday the plant was expected to begin operating in January.

The plant's proximity to the computer companies will allow them to save money on shipping parts and assembly in Asia, Fullarton officials said.

Fullarton employs more than 4,000 people at facilities in the United Kingdom, Ireland and North America. It is a subsidiary of the Laird Group of London.

nytimes.com