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

To: TechMkt who wrote (161865)	10/6/2000 6:17:15 PM
From: calgal	Respond to of 176387

Here's another win for Dell! Enron to offer Dell PCs, Net access to 15,000 employees By Bloomberg News October 5, 2000, 2:05 p.m. PT HOUSTON--Enron, the world's biggest energy trader, plans to buy PCs from Dell Computer for up to 15,000 of its employees and to subsidize high-speed Internet connections for their homes next year. Each full-time employee is eligible to receive a Dell Dimension desktop computer with a high-speed processor, floppy disk drive, CD-ROM drive, mouse, monitor, modem and speakers. Enron didn't provide details on the Internet-connection subsidy. "As Enron becomes more involved in the technology business, it made sense to extend this to employees at home and their families as well," Enron spokeswoman Karen Denne said today. The idea came from discussions on employee benefits, she added. The cost of the ClickAtHome program can't be estimated until it's clear how many employees will participate, Denne said. Enron, based in Houston, has 18,000 employees worldwide. Employees of Portland General Electric, an Oregon utility owned by Enron, are among those ineligible for the program because the sale of the unit is pending. Sierra Pacific Resources plans to acquire the Oregon utility for about $3.1 billion in cash and debt. Yesterday, Dell announced that its fiscal third-quarter revenue growth will fall short of expectations. It's unclear what the Enron deal means to future revenue growth. Though the Enron deal is hefty, Dell landed an even bigger one earlier this year. In March, AMR said it would spend about $45 million over three years to offer Dell computers and low-cost Internet access to 100,000 employees at American Airlines. Ford and Delta Air Lines announced similar employee incentives earlier this year. In February, Ford offered 350,000 employees worldwide personal computers and Internet access managed by San Francisco-based PeoplePC. Shortly after, Delta followed, saying it would offer Hewlett-Packard and IBM computers to its 72,000 employees. Copyright 2000, Bloomberg L.P. All rights reserved. news.cnet.com