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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Haim R. Branisteanu who wrote (52339)5/27/2000 8:12:00 AM
From: Haim R. Branisteanu  Read Replies (3) of 99985
 
Speaking of perfect timing

Dell Founder Sold 500,000 Shares in April

By BLOOMBERG NEWS

ROUND ROCK, Tex. May 26 -- The chairman and
founder of the Dell Computer Corporation, Michael
Dell, sold 500,000 shares last month in the company, the
No. 1 direct seller of personal computers, raising $27.3
million.

Mr. Dell sold the shares on April 3 for $54.50 a share,
according to a filing with the Securities and Exchange
Commission. The company's stock rose to $55.4375 a week
after the sale, but has since slid to today's closing price of
$42.375.

nytimes.com
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