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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: Marie Smith who wrote (55620)	8/3/1998 12:46:00 PM
From: Jim Patterson	Read Replies (4) of 176387

RE: company is simply forbidden for making gains and losses on transactions involving its own stock. Marie, I know this. My point is that DELL is buying their stock at all time high prices. If they ever need cash and do a secondary, it will have been a net drain on the cash flow statement. In a nut shell, I don't approve of what Dell did. IBM is doing the same thing and I don't approve there. Though IBM is bbetter positioned to get away with it over the long run. Jim

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