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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (41536)12/30/1998 3:00:00 PM
From: jim kelley  Read Replies (1) | Respond to of 132070
 
Yep!

DELL has investment income but it is not from selling puts.

It is a balance sheet transaction. It is not investment income.
This is done as part of an authorized stock buyback program.
They get to buy back their stock on the open market at a significant discount this way.

DELL has to make its numbers by selling dem machines not winning the options lottery.