Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 133.92

-4.9%

3:59 PM EST

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To: jim kelley who wrote (42678)	5/17/1998 12:43:00 PM
From: Chuzzlewit	Read Replies (1) of 176387

Good morning Jim, I haven't been able to download the Forbes article yet, so I have no specific comment. I also find the accounting for the put options somewhat murky, and I'll need to investigate that further. At first blink, however, it appears that the Forbes article may be an overstatement of the problem because the equity section as a whole has increased. Essentially, we have a system which allows companies to pay their top executives money from the pocket of investors without properly accounting for it. This problem includes virtually all large US companies, and is particularly acute in the technology businesses. My preference would be to explicitly state the cost on the income statement, and to issue stock options for a restricted class of stock only -- one that cannot be sold for five years. It would be nice if there were a general shareholder revolt on this issue for all companies. TTFN, CTC

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