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 117.31

+2.3%

Jan 28 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim druzbik who wrote (198)	8/31/1996 7:57:00 AM
From: Patrick E.McDaniel	of 176388

Can you explain the number of shares outstanding used in the quarterly report?As of May 17th the number of shares outstanding was 90.492 mil. The second quarter fisical report used 97.3 mil Shares O/S.I called Dell about this and I got a message back stating this was due to standard accounting practices.I don't question standard accounting practices being used,I just don't have knowledge of these accounting techniques. This is quit important because Dell is buying back stock and the number of outstanding shares is being reduced. My main question after talking to my broker and an accounting friend is when will the reduced number of shares outstanding be used in the earnings per share calculation? Note:in the annual report,page 37,note 8-common stock, "the Company had entered into equity "collar" arrangements with respect to an aggregate of 2.8 million additional shares of common stock....Each option is exercisable only at expiration, and the expiration dates range from September 3,1996 to September 20,1996."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next