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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (28423)	1/5/2001 4:41:34 PM
From: Boplicity	Read Replies (2) of 65232

Michael Dell Uses Options to Buy 11.96 Mln Dell Computer Shares Washington, Jan. 5 (Bloomberg) -- Michael Dell, chairman and chief executive of Dell Computer Corp., exercised stock options to buy almost 12 million company shares, according to a regulatory filing. Michael Dell acquired 11.96 million shares through the exercise of options on Jan. 2, according to a Form 4 filed with the Securities and Exchange Commission. He bought the shares at prices ranging from 98 cents to $4.63 each, the filing said. The average purchase price was about $2.90 a share. Dell shares fell 38 cents to $18.81 in late trading. At that price, the 11.96 million shares are worth about $225 million. Dell Computer, based in Round Rock, Texas, is the top U.S. maker of personal computers. Company shares lost about two-thirds of their value last year as Dell Computer warned that sales growth would slow. Greg

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