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

To: Sig who wrote (173893)	2/12/2004 7:16:34 PM
From: LemurHouse	Read Replies (2) \| Respond to of 176387

Great report, but I agree they are still spending way way too much on stock buybacks for options grants. I own a lot of Dell, but the options grants are eventually going to drive me out of my position. Rollins was on CNBC (apparently during the conf call...!?) and was asked by Kudlow about the options and the $600 million buyback....he dismissed the issue with an offhand response that they are carefully evaluating employee compensation needs (ha!) and that they are doing "much less of it than before". Their model is great. Their execution is great. Their business is tremendous. They are in the process of killing the competition -- at least in the PC space. Owning the stock has made me a lot of money. But the weath transfer from the shareholders to management has been, and continues to be nothing less than outrageous. I'm looking on seriously lightening my position this year, if/when DELL share price rises on improving macro outlook and (hopefully) some P/E expansion.

To: Sig who wrote (173893)	2/12/2004 7:20:21 PM
From: kemble s. matter	Read Replies (2) \| Respond to of 176387

Sig, Hi!! RE: Dell now going up and dragging Intc with it It's always great to talk with you Sig...You always think Big...For instance...Take your comments about China and what DELL can do with 7% of the market there...Things are truly just getting under way in many of these countries...And, history proves everyone around the world wants a "coke"...So, sooner or later everyone will want a DELL...The market share in this country what? Now, imagine just half of that in China, LAmerica, India, etc...DELL has the model and the efficiency in that model to become one of the largest companies in the world...These guys are young...Don't think for a second they aren't dreamin' of how to put em all out of business and take it all... Best, Kemble