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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: David Harker who wrote (5222)	5/18/1999 3:40:00 PM
From: J R KARY	Read Replies (2) \| Respond to of 8220

Get real on DELL's , INTC & MSFT opt trading - Cash in the bank Dave you stated: >> " Don't appear on the Balance Sheet " << Are you stating the money earned from this activity is not in their bank account , available or earmarked for operating expenditures , saving at least the interest expense on cost of (operating) capital ? Or this "cash on hand" does not earn interest income or find its way (through invetments) to investment income ? In DELL's case $3 bln goes a long way to run a business . If the profits are not used that way please elucidate precisely where the money goes . Maybe Jesse James has been retrained in creative accounting for option profiteers . Jim K.