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


To: Broken_Clock who wrote (41625)12/31/1998 10:52:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
PK, Dell is definitely using debt to finance its stock buybacks. They are leveraging as much as they can to the bull market. If you remember, they took down $500 million in variable rate debt just before the buybacks last year. They said it was for operations, but couldn't keep a straight face as they led the sheep that direction.

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