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

To: Pikewest who wrote (46982)	6/9/1998 10:52:00 PM
From: Craig Freeman	Read Replies (1) \| Respond to of 176388

Pickwest, I was intrigued by "In the past it has repurchased shares and currently has options contracts to buy about 40 million shares at around $40 a share." If Dell sells those options outright on the open market, that's a quick $850M profit minus their original cost ... about a whole year's net profit! Anyone know how this would appear on the income statement (extraordinary gain, financial, etc.)? What if they exercise the options instead and retire the shares? Craig