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: Lee who wrote (130012)	5/31/1999 1:32:00 PM
From: VICTORIA GATE, MD	Respond to of 176387

Hewlett to sell business PC's online HP Business Store to debut June 8 By David Callaway, CBS MarketWatch Last Update: 12:40 PM ET May 31, 1999 NewsWatch PALO ALTO (CBS.MW) -- Hewlett-Packard will begin selling personal computers and printers to businesses over the Web, expanding its online business to better compete with rivals Dell and Gateway, the San Francisco Chronicle reported. Hewlett-Packard (HWP: news, msgs) will announce Tuesday a new online selling site that will be called HP Business Store and will complement the Palo Alto, Ca.-based computer company's existing business selling computers online to consumers. The new site will begin operating June 8, the paper said. A spokeswoman for Hewlett-Packard was not available to comment Monday on the report. The new site will bring Hewlett-Packard into direct competition with Dell (DELL: news, msgs) and Gateway (GTW: news, msgs), which are among the leaders in direct selling of computer products to users over the Internet. The company expects about 15 percent of its business customers to use the site initially, although it wants to expand its online services because it expects more than a third of its business and retail sales to come over the Web within a few years. The company told the Chronicle that prices at the online site will generally match existing business prices and that dealers need not be concerned the online business will undercut them. Hewlett-Packard shares closed up 1 11/16 Friday at 94 5/16.

To: Lee who wrote (130012)	5/31/1999 1:47:00 PM
From: Kayaker	Respond to of 176387

To: Lee who wrote (130012)	5/31/1999 4:35:00 PM
From: E. Davies	Respond to of 176387

Thanks for the article that clarifies the DELL stock buyback. By selling puts Dell spends less than it otherwise would. It does not make money selling puts as the author previously stated. Looks like I fell into the trap of reading an article and believing it. Here was the misleading article: forbes.com HOW MUCH MORE ? In the past three years, Dell has made more than $3.1 billion playing the market, while the company's net income over the same period was just $2.5 billion. <clip> This brings up the next question: How do we even know that DELL is cutting back on the stock buyback? I would think that if selling puts is the method for stock buyback that the # of shares actually bought might vary depending on exactly what puts where sold and the movement of the stock. Eric