Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Sr K who wrote (30327)	2/19/1998 8:53:00 AM
From: Spartex	Read Replies (1) \| Respond to of 176387

Patrick E.McDaniel (30106 ) From: Quad-K Wednesday, Feb 18 1998 4:34PM EST Reply # of 30328 I predict a small pop at the open for Dell, maybe 2-3 pts or so, and then a bit of back and filling for a while

To: Sr K who wrote (30327)	2/19/1998 10:06:00 PM
From: jbn3	Read Replies (1) \| Respond to of 176387

re stock buybacks: BEKlein, I don't think DELL buys back stock as you are visualizing it. DELL sells puts on their stock and buys long-term calls. They then exercise the calls to buy back their stock. In you go and read the last annual report, they discuss it there. You will note that in FY 1997 they bought back 30M shares at an average cost of under $30 (I believe it was under $28.) Therefore, their announcement that they are going to continue to buy back stock is an extremely bullish sign, as they expect the puts to continue to expire worthless, and the calls to grow in value. DELLish, 3.