From a DELL stock bear (but DELL company bull), seems like one of these days I can pick up DELL at a more reasonable price. Even the great MD doesn't think DELL deserves current valuation. I'm sure he doesn't need another $300 million dollars for shoes after last year's $1 billion sell-off. I know, I know, he still has a huge stake in the company. Just lightening up a bit, isn't he? Trust me on this one, though, not one insider has purchased any stock in quite a while.
biz.yahoo.com
Just a thought.
(NewsTraders.com) -- Dell Computer Corp. (DELL) Chairman and CEO
Michael Dell filed with the SEC today to register for sale 4 million shares of Dell
Computer common stock.
Michael Dell, in a Form 144 filing, listed an approximate date of sale of Feb. 19 for the
stock, which had an aggregate market value of $326 million.
In addition, G. Carl Everett Jr., a Dell Computer Senior Vice President, filed to sell
380,000 common shares, worth nearly $31.4 million. Everett also listed Feb. 19 as the
approximate date of sale, and both filers named as Goldman Sachs & Co. as broker.
Of note, today's Form 144 documents only show the filers intent to sell the shares.
Actual verification of the sales, if and when they occur, would be provided in a Form 4
filing.
Dell common stock was recently trading down $2.50 to $80.75.>>
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