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Technology Stocks : Dell Technologies Inc.
DELL 138.98+4.0%Dec 4 3:59 PM EST

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To: OLDTRADER who wrote (163192)12/13/2000 12:51:10 PM
From: calgal  Read Replies (1) of 176387
 
Dell trust buys 6 million shares


By Rex Nutting, CBS.MarketWatch.com
Last Update: 12:42 PM ET Dec 13, 2000

WASHINGTON (CBS.MW) -- A trust for the children of Dell Computer Chairman Michael Dell has acquired more than 6 million shares of the company, according to a filing made with the Securities and Exchange Commission released late Tuesday.

Dell said the children's trust converted options Dec. 8 on 3.2 million shares at a price of $16.672 each and on 2.88 million shares at $9.26.

Shares of Round Rock, Texas-based Dell (DELL: news, msgs) were down 40 cents to trade at $21.32 in recent action. The shares are off about 64 percent from their 52-week high of $59.69.

www2.marketwatch.com
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