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

To: exhon2004 who wrote (116478)	4/12/1999 1:12:00 AM
From: Ian@SI	Respond to of 176387

I wonder just how many Japanese might want to lower their commissions for trading stocks in Japan anyway... another new, and possibly major, source of revenue for Dell... +++++++++++++++++++ Dell Computer Corp. Dow Jones Newswires -- April 12, 1999 Japan Matsui Sec, U.S. Dell To Sell PCs For Online Traders TOKYO (Nikkei)--Matsui Securities Co. and Dell Computer Corp. (DELL) will from late April jointly market personal computers to users of the brokerage's online stock trading service, the Nihon Keizai Shimbun said in its Monday evening edition. Under the deal, Matsui will recommend Dell computers to customers looking to begin trading on the Internet-based system. Dell will pre-install trading and other software so that buyers can access the Internet and Matsui's server soon after delivery. It also plans to offer a service under which representatives go to customers' homes and set up their computers for them. Both desktops and laptops will be available under the program, with desktops selling for less than Y300,000 and laptops below Y400,000. Officials at the mid-sized brokerage say the number of accounts using its online service is growing and now totals around 4,000. Online stock trading generates commission income of over Y100 million for Matsui each month, representing more than 20% of total revenue. Matsui has already announced that it will lower commissions on stock trading by as much as 70% once related deregulation takes effect later this year. Online traders will enjoy some of the steepest reductions.