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Technology Stocks : Dell Technologies Inc.

DELL 131.76

-1.1%

10:41 AM EST

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To: pat pasquale who wrote (43633)	5/19/1998 10:24:00 PM
From: Chuzzlewit	Read Replies (3) of 176387

Pat, at the end of the fourth quarter there were 706MM fully diluted shares o/s. Assuming that this figure remained the same in this quarter, the eps would have been $305/706=$.432/share. That compares to the actual of $.436/share. This is only an approximation because we have not been provided with a statement of equity. Dell makes nothing on buybacks. Stock repurchases do not run through the income statement. The simply appear as a debit item in "treasury stock" which is included in the equity section. TTFN, CTC

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