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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jim kelley who wrote (137123)	7/20/1999 12:20:00 PM
From: GVTucker	Read Replies (2) \| Respond to of 176387

jim, RE: European options are preferable for a stock buyback program because the buyback can be scheduled. American options can be exercised at anytime which may prove inconvenient for DELL. Given that the liability exists either way, I would hope that DELL had reserved sufficiently for the put options no matter what style of option. If there would indeed be an inconvenient time for the options to be exercised, then DELL is being far too aggressive.