Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stonehenge who wrote (110477)	3/21/1999 6:38:00 PM
From: Sig	Read Replies (1) \| Respond to of 176387

Re IBM Dell deal <<<Anyone have an opinion about this???>>> Yes: I think the only important comments are those from IBM or Dell Sig

To: Stonehenge who wrote (110477)	3/21/1999 6:39:00 PM
From: SirVinny	Read Replies (1) \| Respond to of 176387

Stabbed in the back??? Thanks Stone for the article. <<<.....The talks for now, as we understand, broke off due to price. IBM felt that Dell's current price was too high and was not willing to pay a premium* or shortchange their own shareholders.....* >>> Although the news seems good, does anyone else out there get the feeling that DELL is being kept low in an effort to please IBM Or possibly that we may be stabbed in the back??? SirVinny

To: Stonehenge who wrote (110477)	3/21/1999 7:48:00 PM
From: Mohan Marette	Read Replies (3) \| Respond to of 176387

Stonehenge:I think this advicer.com or whatever is full of crap,I could be wrong but that is what I am saying right now. PS:I am talking about their contention that IBM was considering buying DELL and got cold feet based on price.

To: Stonehenge who wrote (110477)	3/21/1999 10:02:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 176387

Anyone have an opinion about this? You bet! Whoever has dreamt up the possibility of a buyout has been hallucinating. IBM has a market cap of around $150 billion, and Dell around $105 billion. To make a technology deal like this go you need offer a pretty compelling premium to the acquired company. 30% at an absolute minimum. The point, of course, is that it would be unlikely that anything less than the equivalent of $60 - $65 per share would never be acceptable, and those kinds of terms would in essence give Dell s/h control of the combined company. That is not in the cards. Dell has some short term revenue problems and business concerns that he is attempting to fix. For the first time, there remains a possibility that unit sales increases will not be sufficient to offset price due to offset price declines. Nonsense! This is the only part of the article that makes a modicum of sense to me: The talks, if concluded, would have had Dell take over the manufacturing of Old CO IBM branded machines ... TTFN, CTC