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

To: pt who wrote (52507)	7/20/1998 12:33:00 PM
From: rudedog	Respond to of 176388

pt - I know some Dell employees, and under their option plan they can exercise and hold The ability to exercise and hold means that the plan is convertible. I don't know much about Dell's plan but I have not seen too many convertible plans since the late 80's, I think there was a tax law change which made non-convertible plans more attractive but I don't know the details. Maybe the Dell employees were granted these convertible options prior to the rule change and are only now getting around to exercising them (there is typically a 10 year period after which the employee must exercise the grant).