Dell to buy storage company 3PAR for $1.15 billion

NEW YORK/SAN FRANCISCO (Reuters) - Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its offering of data center products to compete with rivals like IBM.

Ex-IBM exec in Galleon case repentant: report

NEW YORK (Reuters) - Former IBM Corp executive Robert Moffat, who admitted to charges of insider trading in the Galleon hedge fund probe, told Fortune magazine that his affair with co-defendant Danielle Chiesi was more about business than sex.

IBM sues exec who quit to take job with Oracle

BOSTON (Reuters) - IBM has filed a lawsuit to prevent former senior executive Joanne Olsen from taking a job with rival Oracle Corp , which wooed her away from IBM after 31 years with the company.

IBM to buy AT&T’s Sterling unit for $1.4B

NEW YORK (AP) -- IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other, for $1.4 billion....

IBM to buy AT&T’s Sterling Commerce for $1.4 billion

NEW YORK/BOSTON (Reuters) - IBM plans to buy Sterling Commerce from AT&T Inc for about $1.4 billion in cash to expand its portfolio of software for companies in financial services, manufacturing and retail.

IBM to Buy AT&T’s Sterling Unit for $1.4 Billion

XCI Computer Technology Index – Technical Analysis Daily

Interesting look at the XCI Amex Computer Technology index last night. XCI is in a great trend as per the chart below.

Some of the great looking XCI components include:

Intel (INTC quote analysis)
Network Appliance (NTAP quote analysis)
Texas Instruments (TXN quote analysis)
3COM (COMS quote analysis)
IBM (IBM quote analysis)