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

To: OLDTRADER who wrote (94644)	2/4/1999 8:50:00 AM
From: BGR	Read Replies (2) \| Respond to of 176387

WBM, Yes, but 1. Has held more than 5 times that amount. 2. Was probably granted enough new stock options to compensate for what he sold. Stock acquired via options grant is different from stock bought out of savings IMO. The earlier is really part of compensation, the later investment. For example, most high-tech employees routinely sell part of the stock acquired via ESPP and/or ESOP and/or employer match in 401k plans. Otherwise, pretty soon their net assets become over-weighted in stock of the company that employs them; thus they risk being in the unenviable position of facing a precipitous drop in savings plus layoff in the event of an downturn (all too common in the high-tech world where fortunes are made or lost in a matter of months). Also, paychecks are often kept artificially low (CTC may disagree :-)) and compensated for via ESPP and ESOP. So, selling in inevitable. Now, a billion may sound too much for you and me but at MSD's level it may just be just a regular amount as he probably makes 30 times that amount/year from DELL equity appreciation. -Apratim.