Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jim kelley who wrote (80531)	11/15/1998 8:43:00 PM
From: BGR	Read Replies (3) \| Respond to of 176387

Jim, Checked DELL's 2Q 10-Q out. In 2Q DELL bought back 22 million shares at an average price of 18. At the end of the second Q the share price was 55 approx. This means a value addition of 0.8 billion! To put this in perspective, revenue was about 4.3 billion. If DELL just turned around and resold the shares that would have added around 20% to the revenue, which I believe would be enough to cover the approximately 10% discrepancy between diluted and non-diluted growth in EPS. Cannot calculate the exact numbers as I am not sure of corporate tax treatment of earnings from share buybacks. Thanks much to the thread! -Apratim.