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

To: Dennis Kern who wrote (110445)	3/21/1999 10:09:00 AM
From: TechMkt	Read Replies (1) \| Respond to of 176387

Just caught this piece of news. Usually, Sundays are a slow news day. Looks like DELL is moving into, yet, more markets. Fez ______________________________- Dell, Novell Team Up on Equipment for Storing Data on Networks Round Rock, Texas, March 21 (Bloomberg) -- Dell Computer Corp., the No. 1 direct seller of personal computers, will use new software from Novell Inc. to build machines that store data on computer networks, pushing into a fast-growing market. Beginning next month, Dell will include the Internet Caching System from No. 2 networking-software maker Novell in the line of PowerEdge servers that it sells to phone companies and Internet providers. Caching technology reduces the time and cost of retrieving data from the Internet by storing frequently used information on the computer servers that run Web sites. Dell wants to sell networking-related gear as PC sales slow. ''It's great news for Novell because it means they're on the right track'' with their caching software, said James Staten, an analyst with market researcher Dataquest in San Jose, California. Dell's decision to make network storage devices also will raise awareness of the equipment, which may benefit Network Appliance Inc. and closely held CacheFlow Inc. in the short term, Staten said, though Dell will ultimately drive down prices for the gear. ''Dell doesn't jump into a market unless they think it's going to take off,'' he said. According to a Dataquest report, the market for caching appliances is expected to grow to about $750 million to $800 million in 2003 from about $50 million this year. Dell will sell its Internet Caching Appliance at prices starting at $4,500, Novell spokesman Todd Irwin said. The amount of revenue that Novell is guaranteed to receive from Dell wasn't disclosed. 09:56:21 03/21/1999