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

To: Mick Mørmøny who wrote (165650)	5/31/2001 5:38:04 PM
From: Mick Mørmøny	Respond to of 176387

Michael Dell Logs $199 Million in Paper Profits From Options By Laura Smitherman Washington, May 31 (Bloomberg) -- Dell Computer Corp. founder and Chairman Michael Dell realized almost $199 million in paper gains by exercising options in the company's fiscal 2001 when stock in the world's biggest personal-computer maker lost 35 percent of its value. The 36-year-old executive who founded the company in 1984 logged the gains when he exercised more than 18 million option shares, according to the company's proxy filed with the Securities and Exchange Commission. Dell holds all the shares he acquired on exercise, the proxy said. The paper gains represent the difference between the exercise price and the closing price on the date of exercise. Dell controls about 314 million shares, or 12 percent of the company. Shares in the Austin, Texas-based company lost 5 cents to $24.36 today. quote.bloomberg.com