Dell Buys Dell, Big TimeGive Michael Dell credit for putting his money where his mouth is: "Michael Dell, CEO of Dell Inc., bought about $100 million of the computer maker's stock last week, his second such buying spree in the past three months." Emphasis mine. He'd made a similar buy back in July. Dell shares dropped on August 29, following a weak earnings report, and Dell pounced. It's nice when you can do that. He may be optimistic on the prospects for the new Mini 9, or on Dell's cost-cutting plans, or their evolving channel strategy. But if I were Mark Hurd, I'd definitely be curious... Posted by Joe Caponi at 10:44 AM, September 9, 2008 This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service. Important Note: This comment area is NOT intended for commercial messages or solicitations of business. |
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