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To: TigerPaw who wrote (108820)3/10/1999 1:28:00 PM
From: Kenneth Aird  Respond to of 176387
 
At this rate we may all be able to retire in 2002 <VBG>

Ken



To: TigerPaw who wrote (108820)3/10/1999 1:29:00 PM
From: SecularBull  Read Replies (1) | Respond to of 176387
 
Mort's a stud. He'll leave DELL worth at least $1B, and he's worth every penny of it to the shareholders.



To: TigerPaw who wrote (108820)3/10/1999 1:36:00 PM
From: Mark Peterson CPA  Read Replies (2) | Respond to of 176387
 
Mort Topfer acquired 1,241,000 shares on the exercise of his options as of December 31, 1998. He also currently has 3,698,388 shares that are currently unexercisable.

For the first two years of their program (fiscal 96 and 97), the options were fully vested at the time of issuance but were not exercisable for a period of one year.

Effective for fiscal 1998, the options are subject to a one-year vesting period and do not vest and become exercisable until the first anniversary of the date of grant.

Either way, IMO, he's out in 2004 with over a cool $1B.

Best regards,

Mark A. Peterson



To: TigerPaw who wrote (108820)3/10/1999 1:53:00 PM
From: stockman_scott  Read Replies (2) | Respond to of 176387
 
<< Vice-Chairman Mort Topfer
The Austin American Statesman has reported that Mort Topfer is planning to retire in 2002. >>

One of Michael's smartest decisions was bringing Mort to DELL. He acknowledges this in his new book. In fact on pg. 114 Michael says..."We've come to know that two heads are better than one. Mort and I have complementary strengths so we each focus on the areas where we feel we can contribute the most value. It's a divide and conquer approach, marked by constant communication and shared decision-making, which multiplies our individual capacities for success."

IMHO, Mort has helped DELL become more disciplined and focussed and move closer to reaching its full potential. Michael has been building a strong bench of management talent (that includes Kevin Rollins, Tom Meredith and many others). When Mort retires, DELL will be in good hands.

Regards,

Scott