SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ed Forrest who wrote (142571)9/22/1999 11:56:00 PM
From: Alohal  Respond to of 176387
 
Hey Ed, I thought you had gone off in search of greener pastures, per your post below: Just couldn't stay away, huh?? <ggggg>

Its getting to the point that talking about "Big" plans should cease and for DELL management to implement said plans or DELL stock risks continuing to implode as it has for the past 8 months.Granted it looked to be on an uptrend of late but now seems to have lost its legs.A post earlier today by a person whom I have great respect for, suggested DELL in the low 40's soon.Given events recently it's hard to argue with that call.
One final thought,to those that give Michael Dell credit for the financial gains they have realized from the ownership of this stock, your dead wrong.Michael Dell created the opportunity, you are the ones through your initiative and insight that capitalized on that opportunity and now reap your just rewards.The credit goes to you.
This is my final post on this thread as I see other issues that I feel may be more lucrative at this point in time.
Good luck to all
Ed Forrest



To: Ed Forrest who wrote (142571)9/23/1999 6:52:00 AM
From: Calvin  Respond to of 176387
 
Ed,

Compaq has MAJOR problems on all fronts. For example:

---------------------------------------------------------------------------------

Compaq Laptops Are Popular; But Satisfy Business Travelers Less Than Dell

Greenfield Online Study Shows Leading Brand Gets Lowest Satisfaction Rating

Business & Technology Editors
WESTPORT, Conn.--Sept. 23, 1999--Compaq is the brand of laptop used most
often by executives traveling on business, but it's not the brand business
travelers were most satisfied with, according to Greenfield Online's study
of 1,000 business men and women who travel at least once a month.
While most used, Compaq got the lowest satisfaction rating of the four
most-used laptop brands in the survey. Dell is ranked highest in satisfaction,
with 8 in 10 users reporting that they are extremely or very satisfied with this
brand, but it was used by the least numbers.


Here is how the brands compared in use and satisfaction ratings:
Brand % Use Laptop % of Users Extremely/Very Satisfied

Compaq 26 66
Toshiba 23 69
IBM 21 74
Dell 20 81

About the Study

The 1,000 respondents to Greenfield Online's Executives in Motion study conducted
over the Internet in July were 52 percent men and 48 percent women with an
average age of 38. Topline findings from this study are available in the
newsroom section of the Greenfield Online Web site at www.greenfieldcentral.com.



To: Ed Forrest who wrote (142571)9/23/1999 7:03:00 AM
From: Calvin  Read Replies (2) | Respond to of 176387
 
Ed,

MAJOR problems in Houston.

----------------------------------------------------------------------

Court Disallows Compaq Tax Credit

Tuesday September 21 6:53 PM ET
By CURT ANDERSON AP Tax Writer

WASHINGTON (AP) - An $888 million stock transaction executed in an hour in 1992 by Compaq Computer Corp. (NYSE:CPQ - news) was put together solely to avoid U.S.
income taxes, the U.S. Tax Court ruled Tuesday.

As a result, the Tax Court said a $3.4 million tax credit claimed by Compaq will be disallowed, and the Houston-based computer maker will be assessed an unspecified
accuracy-related penalty because of negligence.

The ruling by Chief Judge Mary Ann Cohen, which upheld the Internal Revenue Service's position, concluded that the complex arrangement to buy 10 million shares of Royal Dutch Petroleum Co.
(NYSE:RD - news) stock was ''motivated by the expected tax benefits, ... and no other business purpose existed.''

Tax law generally prohibits transactions with no economic purpose other than the avoidance of taxes. The Clinton administration has been trying to crack down on corporate tax shelters, and Tuesday's
ruling follows two recent Tax Court decisions involving The Limited retail company and United Parcel Service that invalidated tax-avoidance schemes.

In the Compaq case, the Tax Court concluded that the company arranged for the purchase and immediate resale of the Royal Dutch shares in 23 transactions back-to-back on Sept. 16, 1992, to ''capture'' a
foreign tax credit and help offset the tax sting of a capital gain caused by a previous stock transaction.

Compaq, Cohen said in her ruling, ''had no reasonable possibility of a profit ... without the anticipated federal tax consequences.''

Compaq spokesman Alan Hodel said the company was disappointed in the ruling and was considering an appeal. He said the court ruled in Compaq's favor in July on another aspect of the three-part
case, on the transfer of pricing, and that Tuesday's ruling ''involved a relatively small issue.''

The decision says that Compaq will be forced to pay an accuracy-related negligence penalty equal to 20 percent of the underpayment of tax, but the amount was not disclosed.