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

To: Maverick who wrote (160829)	9/19/2000 3:59:28 AM
From: Yamakita	Read Replies (1) \| Respond to of 176388

Monday September 18 6:04 PM ET Dell Pushes On With Internet Plan dailynews.yahoo.com ROUND ROCK, Texas (AP) - Dell Computer Corp. (NasdaqNM:DELL - news) has created a division to oversee its data storage products and systems businesses and has begun selling two new servers, computer hardware used to host Web sites. Dell announced plans for the new division and computer hardware on Monday. In April, the company that made its fortune selling personal computers said it would begin focusing on Internet-related services and equipment by increasing support services, expanding into wireless products and investing in startup companies. The company named Russell L. Holt, 39, as head of the new unit. Dell's storage business grew 70 percent in the last 12 months, with overall sales approaching $1 billion annually. Dell's overall sales in that time were $28.5 billion. The PowerEdge 1400 server is aimed at small and medium-size businesses. The more powerful PowerApp.BIG-IP server is aimed at busy e-commerce sites. The PowerEdge 1400 begins at just under $1,700, while the PowerApp could cost more than $30,000, depending on the features. Last month Dell announced VC Direct, a division that will team with venture capital firms to provide access to Dell products and Internet technology, resources and services to startup businesses. In February, the company launched a Web-hosting service. Earlier that month, Dell launched its Internet partner division, promising to provide companies with servers, storage and other services.