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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%3:59 PM EST

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To: stockman_scott who wrote (133578)6/20/1999 11:04:00 PM
From: Sig  Read Replies (3) of 176387
 
Hi Scott
Regarding the argument that Dell is getting 'too good a deal'
I e-mailed the following to:
Mayor Phil Berensen: June 20, 1997
Regarding the recent Tennessean article on the Dell facility.

I hope that those who seem to oppose accommodating Dell in the
Nashville environment have considered the following factors.
1. 7800 new young active educated community members with health and dental insurance and a steady income would be shopping /living locally with benefits to the following businesses who would also
provide more taxes to the city or state:
Banks, retailers, clothing stores, home builders, home improvement
centers, theaters, gas stations, restaurants, auto dealers, auto parts
stores, airlines, travel agencies, markets, insurance companies,
lawyers, medical care facilities, radio stations, newspapers. And a host of other recreational facilities.
And young people today use a great deal more of these than in my day.

There should be considerable extra tax income from these if it could be computed or estimated.
2. Speaking in general terms, there would be a paucity of juvenile
delinquents, alcoholics, drug users or the unfortunate elderly on inadequate income with greater health care needs who must( if they cannot afford it) be provided state or city funding for health care so the proportion of funding needed for these problem areas should be less .
3. The estimated income of Dell employees ( $24,700) today should
not be scoffed at. I attended the University of Alabama at Tuscaloosa
from 1941 to 1948 when out-of State tuition was $25 per quarter and
room and board was $17.50/month. Times change and their income will
grow.
4. Dell is a progressive company, no layoffs, steady and growing
employment and the wages will grow also. All Dell employees were granted 200 shares last year, which have now become 400 shares.
All Dell supervisors and up can participate in the stock option plan.
Their average income will grow rapidly and so will the tax base.
5. Civic leaders in Round Rock Tx, or Limerick Ireland would be in the best position to say whether Dell would be a benefit or detriment to an area. I believe it would be a great positive despite the debate over whether it would be an initial monetary advantage to Dell, or to the Nashville or the State of Tennessee.
Sincerely Yours, Sigurd E.
Stembol.
Weatherford Tx
A0004331@mail.airmail.net

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