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Technology Stocks : Dell Technologies Inc.

DELL 127.43

-1.4%

3:59 PM EST

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To: rkral who wrote (174209)	8/12/2004 6:25:22 PM
From: LemurHouse	Read Replies (2) of 176387

Another great quarter for the company. 20% rev increase, which is pretty impressive coming as it does against Dell's large base. They project more of the same for next quarter. But, another obscene amount of money spent on share buy-backs. $900 million, bringing it to over $2 Billion over the past two quarters. It would be wonderful, but for the fact that the lions part of these shares are offset by options grants. They toss out the bromide that this bought "50% more shares than were granted thru options during the period". !?!? Unfortunately, they project more of the same on this count as well.

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