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


To: TigerPaw who wrote (141645)9/8/1999 5:48:00 PM
From: Fangorn  Read Replies (1) | Respond to of 176387
 
TP,
This is a stock deal so the ~4 billion dollars is still available.

Dell will exchange about 6.9 million shares of Dell common stock
for all outstanding shares and options of ConvergeNet.



To: TigerPaw who wrote (141645)9/8/1999 5:56:00 PM
From: edamo  Read Replies (3) | Respond to of 176387
 
t.p...re: "dell war chest"

according to the press release, the war chest chuz referenced is still closed...appears they used the newly voted on "new issue" stock for purchase which appears to be dilutive to earnings. curious as why they did not use cash?