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To: Mick Mørmøny who wrote (206)11/24/1998 11:06:00 AM
From: jbn3  Respond to of 335
 
Dell cancels appearance as COMDEX keynote speaker. (old)

austin360.com:80/biz/features/comdex/15comdex.htm

At Comdex, Gates opens, Dell cancels and high tech takes over …

But Comdex always tries to look ahead, and Gates is scheduled to talk about future of computing and the Internet. Which is convenient, we now know he doesn't have a very good memory.

Gates, who has Sunday to himself, also kicks off what one analyst called an "onslaught of industry icons" who will give keynote speeches Monday, Tuesday and Wednesday. All told, there will be eight speakers with Gates.

But not Michael Dell. He cancelled his Monday afternoon slot last month when he saw how the list of speakers had grown. Five keynotes were scheduled when the 33-year-old CEO of Dell Computer accepted the invitation to speak months ago. …

Naturally, there was speculation that Dell's decision was a response to the fact that in October Compaq CEO Eckhard Pfeiffer was shoehorned into Monday's schedule ahead of Dell.

That's an entertaining theory. But it's pretty hard to argue that Dell & Co. are reluctant to compete with Pfeiffer and Compaq.

Michael Dell still gets to speak. He'll extol the advantages of the way at a briefing Monday afternoon for reporters and analysts the company invited to the Las Vegas Country Club. That will be followed a "keynote relief" reception. … (more)





To: Mick Mørmøny who wrote (206)11/24/1998 12:12:00 PM
From: jbn3  Respond to of 335
 
Tech companies exhibit optimism at Comdex '98 (11 NOV 98)

DELL Expects 20% global market share within 10 years

austin360.com:80/biz/11nov/18/18comdex.htm

...

Dell Computer Corp., the fastest-growing and most profitable major PC
maker, expects to increase its global market share from 8 percent to about
20 percent early in the next century, Dell officials said.

Meeting with analysts and journalists at the Las Vegas Country Club, Chief
Executive Michael Dell said about 20 percent would be the company's "fair
share" of the estimated 1.4 billion PCs that some analysts believe will be in
use around the world in 10 years.

Vice Chairman Mort Topfer was bolder about predicting when Dell would
supply one-fifth of PCs shipped.

"Oh, no. Much earlier," he said in an interview later. "Within five years."

...



To: Mick Mørmøny who wrote (206)11/24/1998 12:39:00 PM
From: jbn3  Respond to of 335
 
Dell officials sell shares as part of diversification

From Austin American-Statesman, Tuesday, October 20, 1998, page D2

By Jerry Mahoney, American-Statesman Staff

Michael Dell and several senior executives at Dell Computer Corp. sold large blocks of shares of Dell stock this fall, in what a company spokesman described as planned portfolio diversification.

Michael Dell sold 4 million shares, or about 2 percent of his holdings, on Sept. 25 for nearly $260 million, according to reports filed with the Securities and Exchange Commission.

For several years, the 33-year-old founder of Dell has sold Dell shares according to a schedule set by the company. The schedule is approximately a six-week period beginning immediately after quarterly results are announced.

Under that schedule, Dell is restricted from selling his shares during about half the year, said Dell spokesman T. R. Reid. Other officers, including Vice Chairman Mort Topfer and Kevin Rollins and Chief Financial Officer Tom Meredith also are governed for the most part by that schedule, Reid said.

Michael Dell's Sept. 25 sale, four days before the shares reached a peak of $69.25, was a departure from his pattern. But it was consistent with his efforts to diversify his investments and should not be interpreted as a signal about the company, Reid said.

Eight other executives and directors also sold hundreds of thousands of shares in the days leading up to Sept. 29, according to the Washington Service, which tracks insider buying and selling.

"That these trades come relatively close together should not be surprising," Reid said.

Paul Elliott, research analyst with CDA Investnet, said that in some cases Dell executives sold more shares than the number of options they exercised, which suggests they lowered their holdings in Dell.

That and the timing of the sales were departures from previous practices, he said.

On Monday (Oct 19), Dell shares closed at $57.25, up 56 ¼ cents in N asdaq trading.