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

To: McNabb Brothers who wrote (21577)	11/14/1997 4:05:00 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 176387

To all: Turn on CNBC! It will be very interesting this weekend with the U.S. and Saddam! Glad I'm short instead of long! Hank

To: McNabb Brothers who wrote (21577)	11/15/1997 12:45:00 AM
From: jbn3	Read Replies (1) \| Respond to of 176387

Another Piece of the Puzzle As I recall, one of the reasons DELL started to draw attention from the Bears and Shorts was because Michael Dell sold about $3.5 million of his DELL stock. As Paul Harvey might say, "And Now For the Rest of the Story" (from the Austin American-Statesman) -/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/ Jato gets a boost from Dell $3.5 million investment will spur Gigabit Ethernet technology by Lori Hawkins, American-Statesman Staff Jato Technologies was wrapping up its first round of venture capital when the company's chief executive received an e-mail message from Michael Dell. "He said, 'I hear you've goat a new company. Do you need any cash?" We put the venture financing on hold and said 'Let's talk," said Walt Thirion, Jato's CEO and a longtime acquaintance of Dell. They did, and the result is a $3.5 million investment from Dell, the founder and chairman of Dell Computer Corp., and a small group of private investors. The deal, which was announced on Friday, will enable the 14-month old company to push forward with its development of chips for ultrafast new networking technology known as Gigabit Ethernet. Gigabit Ethernet, the latest technology for sending information on networks, has been the talk of the industry because of its promise to reduce bottlenecks in corporate computer networks. It operates at 1,000 megabits per second, 100 times the speed of conventional Ethernet, the most widely used networking system. ... Although the investment was made by Dell, not his $7.5 billion company, the Round Rock computer maker could become a Jato customer, as could other major computer systems vendors. Dell's rival, Compaq Computer, has entered the market through an alliance in September with Intel Corp. They are developing products based on fast Ethernet and Gigabit Ethernet. The venture is aimed at spurring PC sales by speeding the flow of information over networks, analysts say. Taking money from Dell rather than venture capitalists will give Jato more flexibility, Thirion said. "VCs want control of the company, and that wasn't a concern of Michael's," says Thirion. "He said, "You guys run the company. I'm too busy running my own.' He'll be more of an advisor." .... -/-/-/-/-/-/-/-/-/-/-/-/- I apologize for length of post, but could not find a link. 3.