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


To: BWAC who wrote (162044)10/11/2000 4:41:12 PM
From: GVTucker  Read Replies (1) | Respond to of 176387
 
'Financing and other' is 14.5% of income before taxes, well above the materiality line.

However, this does not fall into the materiality requirement, because it is a breakdown of how revenues are earned. Just as a company is not required to report separate geographical revenues or earnings even if each separate number is material, they are also not required to break down net income in the manner I am looking for.

This really wouldn't be an issue for me, because a lot of companies don't report the way I would like. The reason that I see it as a problem specifically with Dell is because this is a change in the way Dell reports from its historical practice, and it is a change that results in less information being provided to shareholders.

When a company cuts back on its disclosure, some information is being hidden. Usually, a company wouldn't choose to hide good news.