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


To: Sonny McWilliams who wrote (105120)2/25/1999 7:01:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
Sonny: I am not worried at all when I see your post...<<CNBC reported a little while ago that M. Dell registered with the SEC to sell 4 million shares. Comments?>>..

Michael Dell is holding the VAST MAJORITY of his shares and he regularly sells some shares for diversification, investments (like his new venture capital fund), and for other purposes. He is not unique. Bill Gates, John Chambers, Steve Case and other successful high tech firm CEOs regularly sell shares of their company stock.

Michael has performed VERY WELL for the shareholders and he is allowed to sell a few shares every now and then ...

Yet, I will be sleeping well tonight knowing that Michael is still at the helm of the good ship DELL (holding the MAJORITY of his shares).

Regards,

Scott



To: Sonny McWilliams who wrote (105120)2/25/1999 7:28:00 PM
From: Frantz Jean-Baptiste  Read Replies (1) | Respond to of 176387
 
Sonny,

The 4 million share selloff definitely won't help at all, and if anything, aggravate the situation a little bit more. But this sale is typical of Dell and other board members.

Michael Dell sold $1 billion dollar worth last year and 648K worth early, early January. $ million shares is about 2% of his holdings. The sale was set to occur on Feb 19; Who knows may be the big boys knew that information already? This is typical!

I understand your concerns, that worried me too when i first saw it. Hopefully the information will reduce your worries!

Sorry, i don't know how to include links.

Best wishes!

Frantz



To: Sonny McWilliams who wrote (105120)2/26/1999 5:00:00 AM
From: wlheatmoon  Read Replies (1) | Respond to of 176387
 
From a DELL stock bear (but DELL company bull), seems like one of these days I can pick up DELL at a more reasonable price. Even the great MD doesn't think DELL deserves current valuation. I'm sure he doesn't need another $300 million dollars for shoes after last year's $1 billion sell-off. I know, I know, he still has a huge stake in the company. Just lightening up a bit, isn't he? Trust me on this one, though, not one insider has purchased any stock in quite a while.
biz.yahoo.com
Just a thought.

(NewsTraders.com) -- Dell Computer Corp. (DELL) Chairman and CEO
Michael Dell filed with the SEC today to register for sale 4 million shares of Dell
Computer common stock.

Michael Dell, in a Form 144 filing, listed an approximate date of sale of Feb. 19 for the
stock, which had an aggregate market value of $326 million.

In addition, G. Carl Everett Jr., a Dell Computer Senior Vice President, filed to sell
380,000 common shares, worth nearly $31.4 million. Everett also listed Feb. 19 as the
approximate date of sale, and both filers named as Goldman Sachs & Co. as broker.

Of note, today's Form 144 documents only show the filers intent to sell the shares.
Actual verification of the sales, if and when they occur, would be provided in a Form 4
filing.

Dell common stock was recently trading down $2.50 to $80.75.>>

newstraders.com