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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: RangeRover who wrote (2279)	11/12/1998 4:41:00 PM
From: Lucretius	Respond to of 2578

yea, we'll see if this mkt is still in denial or not. Its reaction to this report may be important to tell us whether we're still in a bull or in a bear bounce.

To: RangeRover who wrote (2279)	11/12/1998 6:02:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 2578

I posted this on the Dell thread, but got no response, so I thought I'd repost it here. WARNING Some negative comments: The company reported net income of $384 MM, but the equity account increased by only $348 MM over last quarter. I believe that the difference ($36 MM) was used to fund stock options. This works out to about $.026 per share. I believe that this means that Dell overstates their earnings by about 10%. This stock option game is a sham, and needs to stop. Shame on all companies engaged in this shell game. Comments anyone? CTC