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Technology Stocks : Dell Technologies Inc.

DELL 154.64

-3.4%

Nov 4 3:59 PM EST

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To: 911Turbo who wrote (106747)	3/4/1999 12:29:00 AM
From: Kevin	Read Replies (1) of 176387

DELL COMPUTER founder and CEO Michael Dell and senior vice president Carl Everett are looking to sell a total of 4.38 mln common shares worth about $357 mln, according to SEC filings. Michael Dell's proposed sale is part of an "ongoing pattern of diversification" and represents nearly 2% of his total holdings, currently at about 16%, Dell spokesman T.R. Reid said on Tuesday. Dell, who founded the Round Rock, Texas, computer company in 1984 while attending the University of Texas at Austin, filed with the SEC to sell 4 mln shares for about $326 mln. Everett filed to unload 380,000 shares for approximately $31 mln. (Reuters 02:07 PM ET 03/02/99)

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