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Politics : Ask Michael Burke

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To: Mary Cluney who wrote (47049)2/14/1999 4:34:00 PM
From: novice investor  Read Replies (1) of 132070
 
Hi Mary,

>>As for Michael Dell - No way.

First of all, I think he has such personal integrity, that there is no way that he would consider it even if he had to do it.<<

While he may not have actually leaked any information, he has been very actively selling his own shares for the last several months. This action, arguably, is an indicator that Dell himself considers the stock is overpriced.

Take a look at DELL insider actions:

biz.yahoo.com

Since you seem to know personal information about Michael Dell, tell me if these “rumors” I've heard are true:

1) Like Bill Gates, Dell was a law student who dropped out of school to sell high tech things.

2) At age 17, he made over $10000 during summer job selling magazine subscriptions. Unlike other kids his age, he decided door to door sales as inefficient and used public information at county clerk's office to find buyers. He collected a list of newly weds' names and addresses and offered them a “special deal” on magazine subscriptions.

3) At age 13, his parents gave him his first stock portfolio to manage. The idea was to teach him the nature of business markets.

Thanks,

NI

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