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


To: SecularBull who wrote (69318)10/5/1998 5:53:00 PM
From: Patrick E.McDaniel  Read Replies (2) | Respond to of 176387
 
Steve, CNBC reporting MOT came in at .07 vs .01 expected.

Pat



To: SecularBull who wrote (69318)10/6/1998 12:06:00 PM
From: Jim Patterson  Read Replies (1) | Respond to of 176387
 
LoD
1/4 billion is a lot.

DELL was down about 9% Yesterday, and is down 17% from the high.

.17 * 14,000,000,000 ~ over 2 billion

When you start to consider that kind of loss over a few week period, then selling a lot makes sence. MD realizes, or I hope he does, that what he can sell and what he has sold is what he will have.
The $12 billion is a lot, but it is not cash liquid, and a lot of the stock is likely locked up for a period.
DELL is no different than any other stock. Take CSCO, that one is now down over 30% from it's high.
That would be over 4 billion for MD. So I understand his selling.

The question is, Do you ?

Jim