To: kemble s. matter who wrote (157508 ) 6/1/2000 8:48:00 AM From: calgal Read Replies (1) | Respond to of 176387
Hi Kemble: RE: "Let's not forget that DELL management chose options over salary...Last year was one in which land mines were stepped on everywhere...Has anyone mentioned that Michael didn't sell anywhere near as many shares recently as he has in the past? NO....Just the usual accentuating the negative...Perhaps he knows that DELL will out perform some of the newer investments he has made...And, even selling at the past rate he would have to sell like that for over 20 years just to liquidate what he has now." Kemble, thanks for pointing out the facts and accentuating the positive, which you do well.:)Leigh This from the New York Times article about Dell's focus on Asia. nytimes.com ``It think this region is very quickly trying to capitalize on the technology and the productivity advantages of computing devices,'' Donald Collis, vice president in investor relations at Dell, told Reuters in an interview. He said the trend was generating business potential for Dell, which provides computer products and services. This was from Austin regarding Mikey's compensation.austin360.com "Our compensation beyond wages and salary is performance-based, both individual and company performance," said Dell spokesman T.R. Reid. "Last year, for most companies in our industry, our performance would have been regarded as an exceptional year, but it fell short of our own internal expectations." This is from CBS Marketwatch this morning.cbs.marketwatch.com Nasdaq looks to Asia and beyond Global expansion comes as new listings slow at home By Brenon Daly, CBS MarketWatch Last Update: 6:16 PM ET May 31, 2000 Pulse Report SAN FRANCISCO (CBS.MW) -- With Nasdaq shares now being swapped on the Hong Kong Stock Exchange, the stock market is looking to Japan to continue its Asian buildout. 6/1/2000 1:39:16 AM ET Nasdaq plans to have Nasdaq Japan up and running on June 19, initially offering trading in Japanese companies as well as a new avenue for Japanese companies to go public. Trading will eventually expand to Nasdaq-listed stocks as well. "We'll open the Japan marketplace with a new IPO structure there, and I think that'll be a real boon," said Gregor Bailar, Nasdaq's chief information officer. "We had over 3,000 companies show up to our first Nasdaq Japan Club, where we invite entrepreneurs to come and see what we are going to do. So there's a big pent-up demand there." New listings are important to the Nasdaq as they generate about one-third of the exchange's total revenue. However, Bailar said he expected the number of Nasdaq IPOs this year to fall below the level in 1999. Last year, about 484 companies sold stock through Nasdaq, up from 287 in 1998. This year, Bailar said he expected the number of Nasdaq debuts to be "in the 300s." Earlier Wednesday, trading began on seven Nasdaq issues -- including such marquee names as Microsoft (MSFT: news, msgs), Intel (INTC: news, msgs), Cisco Systems (CSCO: news, msgs) and Dell (DELL: news, msgs) -- on the Hong Kong Stock Exchange. See related story. The activity in Asia comes as the Nasdaq steps up activity across the globe. The market recently announced plans to join up with the London Stock Exchange and Deutsche B”rse to create a Pan-European exchange as well as Nasdaq Canada. "That's just the tip of the iceberg. It's going to grow over the next several years," Bailar said. All of the efforts are leading to a time when stocks trade around the clock and around the globe. "The reality of extended-hours trading will be significant. Right now the amount of trading is small, but as you go global it becomes really significant," Bailar added. In the United States, the Nasdaq trades about 1.8 billion shares each day, with nearly 5,000 companies listing their shares on the exchange. Last year, about $11 trillion worth of stock traded over the Nasdaq. Brenon Daly is an online reporter for CBS MarketWatch