SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (2082)12/16/1998 2:04:00 PM
From: RealMuLan  Read Replies (1) of 99985
 
John: <<Dell spokesman T.R. Reid said Monday. CEO Dell, who founded the Round Rock, Texas-based company in 1984 while attending the University of Texas at Austin, disposed of 8 million shares from September 24-November 19 at an average price of $64 per share.>>

It seems to me that their spokesman deliberately downplayed the number of shares. The correct number should be 12 million shares from September 24-November 19, and 16 million shares through Nov. 23rd. Although it seems M. Dell put this >$1 billion proceeding to his newly founded MCD Investment company. This brings another question: why does he diversify? Is it because he is foreseeing the slower growth for Dell? Although this is an open-end question.

Best regards.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext