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

To: CNC who wrote (98572)	2/13/1999 8:30:00 AM
From: William F. Wager, Jr.	Respond to of 176387

Dell Insiders Sell Shares...(this may have been posted before)... Executives of Dell Computer Corp., Austin, Texas, sold nearly one million shares of stock in January, carrying a value at the time of about $71 million. Founder and Chief Executive Michael Dell accounted for the bulk of the sale, parting with 648,000 shares Jan. 7 for prices ranging from $76.60 to $78.75 a share, or about $50.3 million, according to the Washington Service, a research firm that tracks insider buying and selling. Other Dell executives selling shares last month included Chief Financial Officer Tom Meredith, who sold 100,000 for a total of about $7.4 million. His shares went for between $73.88 and $74.31 each, according to the Washinton Service. Alex Smith, vice president and treasurer, sold 67,200 shares ranging from $74.06 a share to $74.63, for a total of about $4.9 million. James Schneider, vice president of finance, sold 61,000 shares between $74.38 a share and $79.81 a share, for a total of about $4.7 million. And Vice Chairman Kevin Rollins sold 52,000 for $75 a share, or $3.9 million. Dell has about 1.4 billion shares outstanding, on a diluted basis. Dell spokeswoman Libba Letton said Friday that such sales aren't unusual because many Dell executives are compensated in stock and must adhere to strict trading windows.