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Politics : Ask Michael Burke

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To: Tommaso who wrote (49822)3/4/1999 8:35:00 PM
From: Brian P.  Read Replies (3) of 132070
 
<< Are you saying that Michael Dell is insane, ill-informed, or stupid? >>

No, but you might be if you thought that every time a CEO sells some stock he is doing so because he thinks the stock price of his company is going to decline. People, including CEOs, sell stock for all sorts of reasons. Maybe he wants the money to buy something? Ever thought of that? Gee, what a novel idea. Since Dell has declined relatively infrequently over the last five years, Mr. Dell doesn't often get the chance to sell his Dell stock before declines now, does he? So perhaps he and others in his company sell some stock at times other than when they think it is going to go down.

All of this attention to when Mr. Dell sells some shares is an amateurish sideshow, so much tea-leave reading by pseudo-in-the-know amateurs.
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