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


To: Stevie who wrote (24287)12/5/1997 12:04:00 PM
From: Fangorn  Respond to of 176387
 
Stevie,
300,000 divided by 50,000,000 (someone's estimate of Michael's holdings) equals .6%. Cnbc claims this is dumping. This speaks volumes about CNBC's objectivity, nothing about Michael Dell's view of Dell's future.



To: Stevie who wrote (24287)12/5/1997 12:47:00 PM
From: Meathead  Read Replies (2) | Respond to of 176387
 
This year, Michael has sold the "smallest" percentage
of his holdings than he historiclally has in the previous
five years.

Did CNBC really call this dumping today?

MEATHEAD



To: Stevie who wrote (24287)12/5/1997 12:52:00 PM
From: Rosemary  Respond to of 176387
 
Stevie,

Instead of selling and having to pay the tax man, have you given any thought to selling a covered call? If you are so sure the price is going down, then its another way to make money.

You're willing to sell them anyway, so if you guessed wrong and the price actually goes up, you lose your shares but get that premium money anyway.

Its something to consider before selling.

If I am correct and this thread will correct me. I think there are certain times insiders have to file to sell. That's why you'll see more of the filings this time of the year. It means nothing on the whole picture because they have to sell sometime. If they don't get much in salary, and they want to live like kings, and most do, they have to sell shares.



To: Stevie who wrote (24287)12/5/1997 1:23:00 PM
From: Steve Warkentin  Respond to of 176387
 
For what Mr Dell has done for the company and stock, I have no problem with him taking some profit off the table....he deserves it.



To: Stevie who wrote (24287)12/5/1997 2:30:00 PM
From: Sig  Read Replies (1) | Respond to of 176387
 
Stevie:
Every so often somebody gets concerned about insider selling at Dell. Several months ago I used this URL to find out what it was:
insidertrader.com
The result showed a great amount of selling in the spring,
up to about 780,000 shrs at about $50 or so, if I remember correctly.
Its a bit of work so I am not going to do it again,but if you
want to do it adjust for the stock splits and keep in mind that
the value of shares sold today are much higher.
If they are selling less than 500k a month I am not going to worry about it.
SES






To: Stevie who wrote (24287)12/5/1997 7:47:00 PM
From: jbn3  Read Replies (1) | Respond to of 176387
 
Stevie,

Yes, Michael sold some stock, about 0.6% (zero point six per cent) of his holdings, not counting any options he may have received or exercised since April. If you would go back and read the entire thread, you would find out that Michael
a) is charitable
b) diversifies (e.g. RMBS), don't you?
c) has major property tax liabilities
d) certainly has major IRS liabilities
e) provides start-up capital for companies trying to go public, or expand.
f) sometimes needs cash to exercise his options

Bottom line, do you really think that approximately 1/2 of 1% is enough reason for you to bail? The 99.4% he kept is enough reason for me to stay long for a long time. I will admit that the news dis-services have hyped the item, and failed to provide context for their viewers/readers/listeners.

Just a different perspective. Regards, 3



To: Stevie who wrote (24287)12/6/1997 10:10:00 AM
From: jbn3  Respond to of 176387
 
Stevie,

Maybe Michael is investing in another JATO: see my post 21608

regards, 3