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To: pbull who wrote (10949)7/11/2003 1:16:24 AM
From: Sig  Read Replies (1) | Respond to of 13815
 
<<I have a question: Why would a major investment bank have to "meet" with the CFO of a bellwether tech
company to find out how business is doing?>>
Comparatively speaking Dell has very little to do with investment bankers , does not have the 12 to 18 times equity owed such as Ford tries to run. So banks handling Ford debt would keep a close eye on what they plan to do with the loans and would talk to the CFO. ..
Dell has lots to do with banks, for collections and financing, but would have no banks telling them what they can or cannot do or invest in excepting for the use perhaps of the piddling 500mm rotating debt available.
This opens doors to changes or new ventures, avoids borrowing fees and needless explanation or restrictions
However, if the investment bank is considering investing in Dell stock, I would consider it a positive thing to have them meet with Dell.
But I see no need to make the meeting public knowledge unless there is the potential for insider trading accusations.
A small company could invite an investment banker over and then release a a report saying - say, hey we just met with the (very important) bank so maybe they will loan us $250mm to cover our losses and perhaps our 54 cent stock will douible.
I'm just talking here, dont know much, just be wary of such news items
Sig