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

To: Xplorer who wrote (63959)	9/7/1998 8:47:00 AM
From: Joey the MD	Read Replies (3) \| Respond to of 176387

Re: Stock Buybacks ...also, neither the Barron's article nor the two interviewees did not mention that the DELL shares were bought at a considerably less price than the prevailing market price. e.g. (from Motley fool archives about DELL) ...during the November quarter of 1997, DELL repurchased nine million shares at a cost of approximately $300 million, or $33 a share. The company purchased the shares by exercising some of the put contracts it has been selling over the past two years... ------- If one were to just read the article, you would be misled that the company was, in deference to better corporate judgement, buying shares at the prevailing market price... Good luck, Joey