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

To: Mohan Marette who wrote (109258)	3/12/1999 3:03:00 PM
From: William F. Wager, Jr.	Read Replies (1) \| Respond to of 176387

Here's the deal on IBIS--------> Ibis Tech Up 13%;Cites Boost From Last Week's IBM-Dell Deal NEW YORK (Dow Jones)--Ibis Technology Corp. (IBIS) shares were up more than 13% after hitting a 52-week high Friday on speculation that Dell Computer Corp. (DELL) would buy technologies from International Business Machines Corp. (IBM) based on Ibis products, the company said. Ibis, of Danvers, Mass., has sold at least two of its high-current oxygen implanter machines to IBM, which the computer giant uses to develop silicon-on-insulator, or SOI, wafers for computer chips. As reported March 4, Dell and IBM signed a $16 billion technology pact that is expected to include Dell's purchase of SOI technologies. Ibis shares have risen more than 50% since the IBM-Dell announcement as investors speculate that SOI technology will become standard in the chip-making industry, an analyst said. "The potential market for SOI is huge," said Westcountry Financial analyst James S. Schmitt. SOI-based wafers may replace current silicon models in the next century, he added. When IBM announced last August it was developing SOI, it said it expected the technology to help make computer chips that are up to 35% faster than current chips but use much less power, which would extend the battery life of laptops, cell phones and other products, as reported in The Wall Street Journal. The SOI process is designed to protect the transistors on a chip with a blanket of insulation, reducing harmful electrical effects that seap energy and hurt performance. As reported last June, Ibis sold two of its Ibis 1000 implanters to IBM for $8 million and reached an equipment licensing and development with IBM. IBM has the right to a royalty-bearing, nonexclusive license to supplement Ibis equipment manufacturing capacity. Ibis shares earlier rose as high as 18, past the previous 52-week ceiling of 7 1/4 set July 30. They were recently up 2, or 13.3%, at 17, on volume of 523,900, compared with a daily average of 85,600. - Peter Loftus; 201-938-5099.