Newstrader,
Hi!!!
RE: (NewsTraders) -- Dell Computer Corp. (DELL) Chairman of the Board, CEO Michael Dell sold 4,000,000 shares of common stock on September 24 at a range of $62.00 to $65.69 per share, according to a Form 4 released today by the SEC.
Dell owned 192,621,104 shares directly and 26,453,916 shares indirectly after the transaction.
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THE FOLLOWING WAS SENT TO ME BY DREW SWISS...
Just for your clarification and so no one is misled....
and perhaps one may still need to be reminded that Kevin Rollins was quoted at the shareholders meeting by telling all...."Diversification away from Dell ...is a very expensive form of insurance...".
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Subj: Fwd: Michael Dell's 144 registration statements
Date: 10/7/98 9:19:30 PM Eastern Daylight Time
From: DSwiss6638
To: KSMatter22
Check this out
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Forwarded Message:
Subj: RE: Michael Dell's 144 registration statements
Date: 10/6/98 5:47:56 PM Eastern Daylight Time
From: Investor_Relations_Fulfillment@Dell.com
To: DSwiss6638@aol.com
Drew,
The trading which occurs by our Executive management team is program
trading, and can be seen historically, for the last few years.
Periodically, it is necessary for Executive management to sell a small
percentage of their holdings in an effort to diversify their holdings or to
support other ventures. In the case of the recent sales by Michael Dell,
the sale of these shares was used to support a recently opened personal
capital venture firm owned by Michael Dell. Still, these trades represent
less than 2% of Mr. Dell's holdings.
If you require additional information, please contact Dell's Investor
Relations Department at
(512) 728-7800 or at Investor_Relations_Fulfillment@dell.com
.
Thank you for your interest in Dell Computer Corporation. Please let us
know if you require additional information.
Ken Kasman
Dell Computer Corporation
Investor Relations
512-728-7800
Ken_Kasman@Dell.com
Best, kemble |
