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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%3:59 PM EST

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To: Tommaso who wrote (119554)4/21/1999 1:00:00 PM
From: Kenneth Aird  Read Replies (1) of 176387
 
I don't know what, if any limit, the SEC puts on the quantity of sales by insiders, but I know that about two quarters back, John Chambers, the CEO of Cisco, sold 30% of his substantial holdings in one quarter. Based on the appreciation in CSCO shares since then, I would say it was not a very good sell signal. Remember that Michael has a controlling interest in Dell and can easily replace his stake in the company by just having Dell buy back shares, which it does just as regularly as he sells. Just think of his sales as a form of tax advantaged salary.

Ken
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