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Technology Stocks : Dell Technologies Inc.
DELL 127.22+3.8%3:59 PM EST

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To: Jim Patterson who wrote (55529)7/31/1998 3:41:00 PM
From: SecularBull  Read Replies (1) of 176387
 
Jim, they borrowed the money to pay for the plant expansions in full, thus freeing up cash-flow for the buy-back, etc. It really isn't like robbing Peter to pay Paul, as you might suggest. It isn't as if Mikey went out and bought $500M worth of stock with the debt offering proceeds.
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