Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stubba who wrote (170995)	9/26/2002 10:30:20 PM
From: mepci	Read Replies (1) of 176387

Stubba: Re: If DELL did not buyback 1 billion shares at approx $12.50 per share over the last 5-6 years the earnings in most recent qtr would have been almost identical despite the dilution ??? Are you talking about per share earnings or total (6% on $12.5B cash)? Since they sold the 1B shares to option holders, actual excess stock is less than $12.5B (actually their financial statement says $12/shr as the average cost. The main effect of these purchases is that it gave the option holders a windfall of between $12B to $30B on profits after selling the stock they acquired through option exercises , since almost all the stock went into satisfying these exercises. Now at what strikes the new 250M shares be issued at , as part of the option plan. I would like to see an equitable formula be used in distributing the gross earnings between SE, salaries, bonuses, option grants, and pension plans. Since option plans and pension plans have longer than one year life, actuary formulae should be used in making sure that there is no raid on SE outside the formulae set for option plans. Se should only be decreased or increased by the addition of retained earnings (profits and losses).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next