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

To: BWAC who wrote (162037)	10/11/2000 1:29:14 PM
From: BWAC	Respond to of 176387

delete

To: BWAC who wrote (162037)	10/11/2000 2:56:11 PM
From: GVTucker	Read Replies (1) \| Respond to of 176387

BWAC, RE: It's all right here in this little document called Statement of Cash Flows. Separated into 3 neat little sections: Cash Flow from Operating Activities, Cash Flow from Investing Activities, and Cash Flow from Financing Activities Alas, it's not all right there. The cash flow statement shows Purchases of Investments, and Maturities and Sales of Investments. Disregard the Capex line, which is most probably not associated with the venture cap portfolio. The net number is a negative $812 million. All that tells me is that DELL purhcased $812 million more in securities than it sold. That has absolutely nothing to do with the performance of Dell's venture capital unit, and it also doesn't give any indication of how much of Dell's cash flow was a result of the venture capital unit. That $812mm in purchases could have been cash flow generated by the operating side of the business, or it could have been cash flow generated by the venture cap side of the business. And DELL has that number. They just won't tell us.