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


To: rkral who wrote (174849)5/13/2005 1:02:37 PM
From: Ali Chen  Read Replies (2) | Respond to of 176387
 
Ron,

"where exactly did DELL disclose the shares issued due to exercise of options? What was the number?"

They didn't disclose. However, given an average price
of $30 last quarter and $2B paid, they bought back
about 60,000 shares. Yet the number of actual float
got smaller by only about 30,000 shares. Therefore it is
reasonable to assume that about 30,000 shares were
re-issued and exercised.
Plus-minus of course, but the total expense and labor cost
misrepresentation is still significant, would you agree?

Cheers,

- Ali