SI
SI
discoversearch

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 121.05+4.9%Feb 6 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pikewest who wrote (46982)6/9/1998 10:52:00 PM
From: Craig Freeman  Read Replies (1) of 176388
 
Pickwest, I was intrigued by "In the past it has repurchased shares and currently has options contracts to buy about 40 million shares at around $40 a share."

If Dell sells those options outright on the open market, that's a quick $850M profit minus their original cost ... about a whole year's net profit! Anyone know how this would appear on the income statement (extraordinary gain, financial, etc.)? What if they exercise the options instead and retire the shares?

Craig
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext