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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (38556)1/29/2000 7:24:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 99985
 
Gersh

just heading out to din-din...you do know there's a daytrading QPnF?? right???

also DWA is putting out intraday charts as well...

you will NEVER regret looking at this TA..never...

it's solid as rock..makes even ME calm<VBG>....

and..it takes a lot to do that



To: Gersh Avery who wrote (38556)1/29/2000 8:06:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Michael's Sales

Michael Dell's sale of 4 million shares came three days
before the stock of the company he founded climbed to 52 11/16,
the highest since Feb. 3. Since this week's warning, the shares
have dropped 7.7 percent. They fell 5/16 to 37 1/4 yesterday.

Dell spokesman T.R. Reid said executives couldn't have known
when they sold stock in December that sales wouldn't rebound as
quickly as expected after the Year 2000 rollover.
''What we disclosed (Wednesday) are issues that we really
didn't have meaningful visibility to back when those trades were
made,'' he said.

After exercising options, Michael Dell sold 2 million shares
at $47.59 each, and another 2 million shares at $47.43, according
to documents filed with the U.S. Securities and Exchange
Commission. He sold 401,000 shares on Dec. 31 for $49.87 apiece.

He had exercised options to buy 1.92 million shares at $1.45
each, 1.54 million at $1.81 each and 1.54 million at 98 cents. He
exercised options for another 282,000 shares at an undisclosed
price. The options-related sales brought a profit of about $200
million.
''Michael has sold limited amounts for years,'' Reid said.
''Our executives are significantly limited in the window during
which they can trade.''

bloomberg.com