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


To: Cynic 2005 who wrote (51660)3/12/1999 4:33:00 PM
From: Maurice H. Norcott  Read Replies (3) | Respond to of 132070
 
three recent columns from Bob Cringely that are well worth reading:

MSFT
pbs.org
Intel
pbs.org
Don't buy a PIII
pbs.org



To: Cynic 2005 who wrote (51660)3/12/1999 4:36:00 PM
From: RealMuLan  Respond to of 132070
 
Mike: good job. But the table you provide only includes about 1.6 million shares sold in Feb. The following news has more updated info. Nearly 6 million shares sold just in Feb.
--------------------------------
Dell Executives Sold Nearly 6 Million Shares Last Month
Thursday March 11 2:42 AM ET
WASHINGTON (Reuters) - Dell Computer Corp. (Nasdaq:DELL - news) founder Michael Dell and four
other executives sold nearly 6 million common shares of the giant personal computer company last month,
shares they already announced they planned to sell, a regulatory document filed Wednesday said.

Dell, the chairman and chief executive, sold 2.5 million common shares on Feb. 19 for $81.5956 each, 1.5
million shares on Feb. 22 for $80.7027 and 563,000 shares on Feb. 24 for $86.5484, according to his
Securities and Exchange Commission document.

When Dell announced his earlier plans to sell the stock, a company spokesman, T.R. Reid, characterized the disposition as a
routine, ''ongoing pattern of diversification'' for the chief executive.

Dell's stake in the company remains at about 16 percent, Reid said at the time.

Other Dell executives who sold shares last month included Chief Information Officer Jerome Gregoire, who unloaded 100,034
shares on Feb. 23 for around $9 million.

Vice Chairman Kevin Rollins shed 200,000 shares on Feb. 22 for about $17 million and Vice Chairman Morton Topfer sold
500,000 shares on Feb. 23 for approximately $43 million, SEC filings showed.

And Senior Vice President Carl Everett disposed of 380,000 shares on Feb. 19 for over $30 million.

One analyst, Anthony Marchese, manager of the Laidlaw Insiders Trend Fund L.P., saw the selling as routine.

''If you look at their insider trading history, you'd be hard pressed to find a month without some Dell insider selling shares,''
Marchese said.

''Last August, Dell sold something like two million shares when the stock, on a split-adjusted level, was between $20-$30. So if you
shorted the stock based on that, you would have missed a big run,'' Marchese noted.

Dell's stock was trading at $43.625, down slightly, on Nasdaq.

dailynews.yahoo.com



To: Cynic 2005 who wrote (51660)3/12/1999 5:11:00 PM
From: Knighty Tin  Read Replies (4) | Respond to of 132070
 
MMV, I hate to see you and others waste so much time on this joick. If he makes a mistake, he can always claim that he didn't know how to work his PC until AR taught him. <g> Seriously, I recommend hitting the Ignore All button when you see his name in a post.



To: Cynic 2005 who wrote (51660)3/12/1999 6:21:00 PM
From: Alohal  Read Replies (1) | Respond to of 132070
 
Ya know, I wouldn't even think of calling you a liar for posting these numbers, even though your posted link leads to nothing but it looks like it's the same site as I used. Go ahead try it. My source is posted below. As I said I had some difficulty finding it which is why I asked for help with sites. I'm not offended by criticism so long as it's backed up numbers, in this case the proper comparison in numbers should be made in relation to total number of shares outstanding, which i have still been unable to gather for the given years. Unfortunately the site I reference below does not give the split adjusted shares, so you have to do the calculations yourself in order to arrive at the proper of shares. Perhaps your site will be more helpful in that regard. I'm sorry you are limited to catagorizing me as either a liar or a tout. Opps, that was "pathetic" liar. I am neither, just person like you. If it helps you to maintain your anger by depersonalizing me there is not much I can do about that. My objection was to the many posts here and some on the Dell thread making unsupported claims about insider selling. You have referred me to a site that is not reachable through your link. I will however try to get there manually and will run the numbers against my site. It would really be much more productive for all if we kept these communications civil. Aloha.

insidertrader.com

P.S. just tried my own link and it seems to lead nowhere as well! I'll work with this some more ans get back to you.