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Technology Stocks : Dell Technologies Inc.
DELL 128.82+2.3%10:00 AM EST
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To: Patrick E.McDaniel who wrote (156769)5/5/2000 8:20:00 AM
From: Sig  Read Replies (2) of 176387
 
Morning Pat:
Tis a sad day for the world when the the American worker
has been so productive as to receive a 2%+ raise which may amount to 1% after taxes.
This requires immediate and drastic action by the Fed reserve board to raise rates and thus put move prices of new homes and cars and travel out of reach of those people.
At the same time kill the stock market so they can't get out of a rut thru investments. Keep them glued to the drawing board or serving fast food at MCD.s
Then destroy Msft so their employees( millionaires thru stock options) will not have to pay up to 30% taxes.
So next April, with a marvelously reduced tax income,
the government can move the tax burden where it properly belongs- back onto the backs of the working poor.
In past years Dell had enough income so they could buy back all the shares in a 5 year period. In the end the
total buyback program amounted to 1 billion shares with
about 178 mm to go.
I wish that Mickie would now do that again, that is to
implement a new buy-back program of 2 bil shs.( no need to mess around, I think the old 1 bil was a record).
For earnings IMO Dell has been within 2 cents of the estimates for around 25 consequetive quarters now. A miracle in itself...(G)
Sig

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