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

To: kemble s. matter who wrote (140603)	8/26/1999 2:43:00 AM
From: Sam Bose	Read Replies (2) \| Respond to of 176387

Dell Computer's Wealthy CEO Says No Plan To Retire AUSTIN, Texas (Reuters) - Michael Dell, the founder and chief executive of Dell Computer Corp. (Nasdaq:DELL - news), said Wednesday he had no plans to retire even though, at the age of 34, he was a billionaire many times over. Dell, speaking to reporters at the Dell DirectConnect conference in Austin, said he was still working because he liked his job as head of the No. 2-ranked personal computer maker, not because he needed the money. ``If I was in it for the money, I certainly could have retired a long time ago,' he said. Dell was paid $109 million last year, including $105 million in stock options, by the company he founded in his University of Texas dormitory room in 1984. His personal fortune is said to be $15 billion. Dell said part of what motivates him to keep working is that he enjoyed seeing Round Rock, Texas-based Dell and the computer industry as a whole grow and bring change to society. ``I think we are truly making a contribution to the way our society operates,' he said. Besides, Dell added, ``It also happens to be a tremendous amount of fun. I have the greatest job in the world.' When asked how long he intended to run Dell Computer, he said, ``Many years.' ------------------------------------------------------------ Kemble, All I can say is, "THANK GOD". <VBG> Best Wishes, Sam