SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (15082)8/6/2002 10:53:36 AM
From: TimbaBear  Read Replies (1) | Respond to of 78594
 
Jurgis

Of course your assessment is technically correct. However, I was responding to the embedded assumption that the shareholder of DELL would benefit in any scenario.

The price has declined, but to offset the "savings" of fewer option grants are the massive Put obligations requiring the shares to be bought back at $45 regardless of how low the stock price goes. Either way, rising or falling stock price, the shareholder gets the same result....NADA.

Timba