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

To: Lee who wrote (41337)	5/11/1998 1:41:00 PM
From: Jim Patterson	Read Replies (2) \| Respond to of 176387

re: Please confirm that the recent debt offering is for the specific purpose of buying back Dell shares. As I have stated several times, Dell generates enough cash to Expand and buy back stock. Now DELL wants to expand faster. If DELL abandoned it's stock buy back program, it would have the cash needed from opperations to expand at the new accelerated rate. Dell does not want to stop the buy back program. Since they don't generate enough cash to do everything they want to, they have issued $500 million in Debt. If DELL expands at it's new accelerated rate and continues it buy back program, The buyback or the expansion is possible due to the cash from the debt. So you have your chioce, DELL needed to issue debt to expand, or DELL issues debt to buy back shares. If you still don't understand this, I can't help you. Jim