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

To: T L Comiskey who wrote (80668)	11/16/1998 10:40:00 AM
From: Zeem	Respond to of 176387

A Look at the Week in Business November 14, 1998 12:00 PM EST, Associated Press Computer makers are still making money; oil companies scale back amid lean times, and the economy keeps chugging along. A look at what happened in business this past week: <^COMPUTER COMEBACK< ^Dell Computer Corp.'s@ strategy of selling computers directly over the Internet continued to pay off as its third-quarter profits jumped 55 percent. The direct-sales approach is so successful that rival ^Compaq Computer Corp.@ said it will bypass distributors to start selling a new line of desktop computers directly to customers. ^Intel Corp.@ reported its fourth-quarter sales would exceed Wall Street forecasts because of surprisingly strong demand for personal computers that use its microprocessor chips. Intel is considered by many market watchers to be a barometer of trends in computer hardware and software. The results will be released in January. Intel expects revenues to be 13 percent higher than a year earlier.