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To: Chuzzlewit who wrote (80473)11/15/1998 2:43:00 PM
From: john krom  Read Replies (2) | Respond to of 176388
 
Any opinions on the week ahead ? Will the Fed cut ? If they do not what is the outlook for DELL ?



To: Chuzzlewit who wrote (80473)11/15/1998 7:39:00 PM
From: jim kelley  Read Replies (1) | Respond to of 176388
 
CTC,

It looks like the increase in other assets on DELL's balance sheet was do to a tax credit from the exercise of employee stock options worth about 1B this last quarter.Man that is a big tax credit.

I guess that means more cash goes into DELL's corporate wallet.
They are going to be sitting on 4B in cash by the end of FY99.

Regards,

Jim Kelley


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