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Technology Stocks : Dell Technologies Inc.

DELL 138.22

-1.6%

Dec 9 3:59 PM EST

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To: Sig who wrote (148079)	11/28/1999 3:56:00 PM
From: Lee	of 176387

Hi Sig,..Re:.referring to the line of credit Dell set up with a bank long time ago That debt was recently upgraded by Moody's. Maybe some confused it with the recent shareholder approval to increase shares? Moody's ups Dell Computer snr unsec debt biz.yahoo.com NEW YORK, Nov 5 - Moody's Investors Service upgraded its rating on Dell Computer Corp.'s senior unsecured long-term debt to A3 from Baa1, and said that the rating outlook is positive. And while spending on stock repurchases will likely remain sizable, funding is expected to come from cash flow, not borrowings. Management's record of conservatism toward financial leverage and acquisitions is not expected to change in the foreseeable future. The upgrade, which concludes a review announced October 5, 1999, affects Dell's $500 million of senior notes and a $250 million unsecured revolving credit facility. Cheers, Lee

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