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


To: Tommaso who wrote (119554)4/21/1999 12:59:00 PM
From: Alohal  Read Replies (1) | Respond to of 176387
 
Tomasso, you seem bent on hanging on to your interpretation of insider selling, in spite of many other interpretations, many of which have been offered on this board. Nothing wrong with that, but beating it to death with multiple posts which offer nothing new seems a bit pointless, no? Even if MD was selling the maximum number of shares allowable, for a guy holding 320 million shares, it's a drop in the bucket.
BTW there is an article in the April 26, 1999 issue of Business Week, page 26, entitled "The Myth of Insider Profits", which you might find interesting. It concludes that insiders who sell do only as well as the rest of the market, however insiders who buy generally outperform the market by about 7.5%. If you are really concerned with insider trading, perhaps you should check out insider buying at Dell, I think you might be surprised. Good luck and aloha.



To: Tommaso who wrote (119554)4/21/1999 1:00:00 PM
From: Kenneth Aird  Read Replies (1) | Respond to of 176387
 
I don't know what, if any limit, the SEC puts on the quantity of sales by insiders, but I know that about two quarters back, John Chambers, the CEO of Cisco, sold 30% of his substantial holdings in one quarter. Based on the appreciation in CSCO shares since then, I would say it was not a very good sell signal. Remember that Michael has a controlling interest in Dell and can easily replace his stake in the company by just having Dell buy back shares, which it does just as regularly as he sells. Just think of his sales as a form of tax advantaged salary.

Ken