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

To: SuperSonics who wrote (34174)	3/12/1998 8:22:00 PM
From: Bilow	Read Replies (2) \| Respond to of 176387

Hi SuperSonics; With $500MM, DELL could buy something like 8MM shares. Not much of a dent. And why buy back your shares after they've gone up by 4x in one year? Generally companies buying back stock are those trading at low multiples of book, not 30x. Today they traded 17MM shares out of a float of 500MM, so 8MM shares wouldn't make a difference after a week or so anyway. There is only one reason to borrow that kind of money quickly, and that's to make an acquisition. As we all know, acquisitions are good for the stock of the acquiree and bad for the stock of the acquirer. I bet the stock gaps down tomorrow. -- Carl P.S. Yeah, I wrote $500B instead of $500MM. Hey, a million here a million there, pretty soon you're talking real money. :)