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


To: T.R. who wrote (32320)3/5/1998 9:14:00 AM
From: Patrick E.McDaniel  Read Replies (2) | Respond to of 176387
 
T.R., in light of my phone call to Dell last night I am wondering what options Dell may be considering.

I don't know if this is legal but it may be. Dell lets the stock slide down. Dell uses this as an opportunity to buyback shares. Then after Dell has bought back the bulk of what they want, Dell puts out a press release that says Dell is on track and Dell has used this opportuity to increase their buyback program.

Does anyone see a legal problem with this?

Pat



To: T.R. who wrote (32320)3/6/1998 8:18:00 AM
From: Jorge  Read Replies (1) | Respond to of 176387
 
T.R.......Thanks...and now a day later (went to work, first look back at computer).......DELL should be fine.....Nothing has changed at Round Rock, TX......Corporate Profits...That's what it's all about--and that hasn't changed since Michael Dell forecast his '98 outlook 3 weeks ago.......I've seen panic sells before and in DELL, where the fundamentals haven't changed, it always rebounds....If one times it just wrong he could lose a lot of money trying to guess the turnaround points.......You can't be hurt just staying Long when the fundamentals haven't changed..........George