Comments on: Founder makes largest Dell insider purchase
Shares of Dell climb as high as 4.5 percent on Wednesday, as company founder Michael Dell makes the largest insider purchase ever for the computer maker.
Shares of Dell climb as high as 4.5 percent on Wednesday, as company founder Michael Dell makes the largest insider purchase ever for the computer maker.
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Maybe not. My first thought is that there is a sea change in the offing at Dell, something new that will really boost sales. Maybe they are going to focus on selling Linux boxes with Office clone software or Mac clones for that matter. Not being real up on the SEC stuff, but would Michael buying the stock if he knew something was up at Dell be an insider trading type of violation.
Duh!
- by JadedConsumer August 29, 2008 3:42 PM PDT
- Buying DELL shares at this juncture may be good for employee morale, but I doubt it's good economic sense. Dell's growing share doesn't indicate growing profits if his margins collapse.
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(15 Comments)http://jadedconsumer.blogspot.com/2008/08/dell-wheres-competitive-advantage.html
For box-makers, I like HPQ and AAPL. Honestly, though, I'd be more interested in finding a turnaround story among well-run financials who've been tarred wrongly with the subprime brush.