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

To: Sig who wrote (148079)	11/28/1999 6:52:00 AM
From: Stonehenge	Read Replies (1) \| Respond to of 176387

Considering buying a Mac g4 450 or new Dell XPS B with 733 Coppermine. Any suggestions??? Have been a Mac user forever but seems the time is right to change to Dell. Does anyone know how to convert old Mac files such as Quicken to a pc format or even if this can be done. If not then I lose all investment data. Need some suggestions and any appreciated.

To: Sig who wrote (148079)	11/28/1999 8:21:00 AM
From: Chuzzlewit	Respond to of 176387

Could be, but the problem is that twice he referred to it as a sale of stock. And he did this without checking anything. TTFN, CTC

To: Sig who wrote (148079)	11/28/1999 10:03:00 AM
From: rudedog	Read Replies (1) \| Respond to of 176387

sig - Since Dell did not need the money, I pictured the loan as a way to establish a working relationship with the bank There is another reason why a company with plenty of cash might do a line of credit - the increasing number of lease deals that DELL is doing. This is usually described as a "hedge against interest rate shifts". The idea is that if DELL sells $100M in leases and borrows to cover the lease, they may be able to lock in a point or more because they can borrow more cheaply than the customer doing the lease. Then the deal turns into a straight hardware sale with a point or so sweetener. While this gives up a little upside, it also avoids a situation where DELL could make more on the money in the market than it could in the lease, and keeps the capital free. Basically DELL is saying they are in the computer business, not the finance business. CPQ recently started doing this. They had previously funded their leasing internally. I think the hedge is a more sensible course.

To: Sig who wrote (148079)	11/28/1999 3:56:00 PM
From: Lee	Respond to of 176387

Hi Sig,..Re:.referring to the line of credit Dell set up with a bank long time ago That debt was recently upgraded by Moody's. Maybe some confused it with the recent shareholder approval to increase shares? Moody's ups Dell Computer snr unsec debt biz.yahoo.com NEW YORK, Nov 5 - Moody's Investors Service upgraded its rating on Dell Computer Corp.'s senior unsecured long-term debt to A3 from Baa1, and said that the rating outlook is positive. And while spending on stock repurchases will likely remain sizable, funding is expected to come from cash flow, not borrowings. Management's record of conservatism toward financial leverage and acquisitions is not expected to change in the foreseeable future. The upgrade, which concludes a review announced October 5, 1999, affects Dell's $500 million of senior notes and a $250 million unsecured revolving credit facility. Cheers, Lee

To: Sig who wrote (148079)	11/28/1999 8:06:00 PM
From: Sr K	Respond to of 176387

From Ask MB: SB: i'm sure dell issued a several hundred million dollar (500?) offering. CTC: Well, you're wrong. Maybe he was referring to the $500 m debt offering, that I thought was to leverage the balance sheet a little. From the May 3, 1998 10-Q, page 4: NOTE 3 -- DEBT ISSUANCE In April 1998, the Company issued $200 million 6.55% fixed rate senior notes due April 15, 2008 (the "Senior Notes") and $300 million 7.10% fixed rate senior debentures due April 15, 2028 (the "Senior Debentures"). Interest on the Senior Notes and Senior Debentures is paid semi-annually. The Senior Notes and Senior Debentures are redeemable, in whole or in part, at the election of the Company for principal, any accrued interest and a redemption premium based on the present value of interest to be paid over the term of the debt agreements. The Senior Notes and Senior Debentures generally contain no restrictive covenants, other than a limitation on liens on the Company's assets and a limitation on sale-leaseback transactions. Concurrent with the issuance of the Senior Notes and Senior Debentures, the Company entered into interest rate swap agreements converting the Company's interest rate exposure from a fixed rate to a floating rate basis to better align the associated interest rate characteristics to its cash and marketable securities portfolio.