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Technology Stocks : Dell Technologies Inc.

DELL 125.97

-1.0%

3:59 PM EST

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To: SecularBull who wrote (55790)	8/3/1998 2:20:00 PM
From: Jim Patterson	Read Replies (3) of 176387

DELL made $1 billion on the sell puts/buy calls strategy for the buy-back program in FY98. I guess this isn't relevant factual data to you? I guess this would be the same stratagey that almost put the company out of business in 1993. So if the company generated $1 Billion on an option stratagy, Then why did they still need $500 in debt ? They are cash flow positive are they not? Jim

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