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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Gabriel008 who wrote (54400)	7/27/1998 3:03:00 PM
From: SecularBull	Read Replies (1) of 176387

Gabriel, from the annual report: "At February 1, 1998, the Company held equity instrument contracts that relate to the purchase of 50 million additional shares of its common stock for an average cost of $44 per share exercisable at various times in the first quarter of fiscal 1999 through the third quarter of fiscal 2000" Wouldn't it be safe to assume that the company will purchase 50 million shares over the next five to six quarters? Coupled with stock options, I don't think that a 10 million share per quarter decrease in shares is possible. Do you disagree, and if so why? LoD

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