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

To: OLDTRADER who wrote (154904)	3/12/2000 1:06:00 AM
From: calgal	Read Replies (1) \| Respond to of 176387

Does anyone have information about Dell's plans to buyback shares of their stock? Leigh 03/10/2000 By Enrique Rangel / The Dallas Morning News Stock buybacks are all the rage in corporate America these days. dallasnews.com As of last week, U.S. companies had announced their intention to repurchase more than $40 billion worth of shares. At the current pace, publicly owned companies could buy back about $200 billion worth of stock this year, compared with $152 billion last year, Mr. Peterson said. Tech minority Although most of those corporations are like Kimberly-Clark or Textron -- manufacturers of consumer or commercial products -- the list also includes the likes of Dell Computer Corp., America Online Inc. and Intel Corp. In other words, technology companies whose stocks have soared in recent years. However, such companies are a small minority, analysts say. "I don't see a lot of dot.com or technology companies buying their stock back," said Brian Bruce, a finance professor at Southern Methodist University. "The technology companies are continuing to perform very well."