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Technology Stocks : Dell Technologies Inc.

DELL 142.94

+3.0%

12:35 PM EST

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To: D.J.Smyth who wrote (169557)	5/7/2002 4:23:05 PM
From: mepci	Read Replies (1) of 176387

DJ: You are so wrong my friend. The shareholders are liable through treasury stock to the employees on the option grants. It is as good as a wage promise. But all losses come straight out of SE. Dell's derivative trading is a different matter from issuance of options. By doing derivative trading Dell was able to hide the amount of money transferred from SE to management. It is clearer now because, if we take the losses directly to the investment loss column, Dell actually lost money this year. Please don't let your hero worship to Michael cloud your math skills.

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