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To: gladman who wrote (117322)2/10/2001 2:12:55 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Glad, Ariba is not all what Dell is dumping.:O(
>Dell Computer Corp. may soon fire thousands of employees in the first major layoffs at the No. 1. U.S. maker of personal computers, a sign that the slump in technology spending is hurting even the industry's top performers.
Separately, wireless technology giant Motorola Inc. said Friday it will cut as many as 4,000 chip-manufacturing employees, the third round of cuts announced in 10 weeks at the world's second-biggest cellular phone company.
Shares in both companies slipped Friday as investor concerns about the seriousness of the economic slowdown outweighed hopes for increased efficiency at the two companies.
Dell's stock, which was the top performer between 1996 and 1998 on the Standard & Poor's 500 index, fell $2.56 to $23.50 a share Friday, or about 10%. Shares of Motorola fell 92 cents to $18.90.
"Investors are increasingly jittery," said US Bancorp Piper Jaffray analyst Ashok Kumar. "The consensus is that commercial and consumer spending will recover in the second half, but we may not get the recovery. It's wishful thinking at this point."



To: gladman who wrote (117322)2/10/2001 3:35:34 PM
From: GST  Respond to of 164684
 
glad -- I believe that DELL uses AGIL which was just bought by ARBA.