Dell Computer Corporation (DELL) Message Board
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Well, can't go broke taking a profit. Nice return in such a short span....BASHFORD might be proud of you.
CTG -
I've owned STX in the past...think back to the initiation of the dividend some time back...recall the 8% yield days. However, I owned WDC many times during the last few years.
I haven't owned either STX or WDC for awhile, and sure enough regret not being involved with the extraordinary move up in share price. Still, I congratulate those long term share holders.
Yes, the Moron is easy to ignore. Under the multitude of aliases that he's used.
In contrast, I've never used any alias on Yahoo message board. No need.
CTG -
Hey Gatrz,
Jim Chanos essentially said the same things about DELL a while back. There is never full disclosure from him on his view of the balance sheet facts, simply uses a generalization that his due diligence doesn't match the numbers released by a given company. In the case of DELL, he repeatedly suggested that he doesn't understand the Carl Ichan interest (what does he see that Chanos didn't). Chanos was on all the business channels--Bloomberg; CNBC; FOX--spewing his $hit about DELL.
It should also be noted that he was also suggesting that STX and WDC should be good short candidates...six weeks ago. From all the commentary nonsense from him, I'd be inclined to think that he's been short STX and WDC for some time, from much lower share price points, and therefore has a huge paper loss on those positions.
BTW, I did get lucky and sold my entire DELL position immediately following the last Dividend of Record date.
Prior to the Blackrock exit.
I thought about buying WDC again with the proceeds, but instead went with CSCO.
CTG -
Hey Fluteman,
I sold my DELL shares following the last ex-dividend date and then bought CSCO shares. Unfortunately, I bought at a higher share price; a few weeks back. I concur, CSCO is offering good value at these levels; and if Europe can get some stimulus going then CSCO could get some growth to go along with the value basis.
Sure was gratifying to extract $$$$ from that Bashford character.
CTG -
Heck, I would be completely content to own either WDC or STX...unfortunately I don't own either at this time. They've certainly made some noteworthy share price appreciation. Congratulations to all the WDC-STX shareholders for those gains.
Actually, I often think that both the WDC & STX Yahoo message boards have some of the most intelligent thread topics going; there are lots of informative posters that put cogent ideas on the table and typically get sincere and objective responses to process. Try the CSCO board if you want a useless dialogue.
If you were to purchase either WDC or STX today, without currently owning shares of either company, which would you buy and what rational applies?
CTG -
Thanks for laugh and the money. Sure, I cashed out after the last dividend Shareholder of Record date.
I made a lot of money, it was even better when I knew it was at your expense.
You're so dense, I informed you many times that I bought prior to the original buyout rumors...believe what you want...my bank account is at contradiction to your claims.
CTG -
Crickets...
But thanks for the laugh...did you post the same question on STX message board?
CTG -
Laughing @ you again. You are indeed an idiot. Perhaps, you're the biggest loser on the DELL message board.
However, like Fluteman, I appreciate your contribution. I sure am enjoying the gain from you. Every dollar I spend I'll simply say " Thank You Bashford".
CTG - Reply to
dont vote for anything that doesn't allow the stockholder the option of keeping his shares
by suggp •Mar 26, 2013 6:21 PMMeanwhile, I'm raking in quite a big prize at your expense and like minded dullards such as yourself.
Thanks for the contribution.
CTG -
What is it? You've been wrong with every stupid claim.
It's simply too bad that you sold shares early, and then probably went short. Double mistake on your part.
What didn't you understand about the DELL & PE Guys offer being DOA? Understand now?
Look at the DELL share price today? Anywhere close to your $12.50 claim?
It's such a pleasure to take your money.
CTG -
Echo that...meanwhile, the "Go Shop" timeline is expiring fast and then the PUBLIC will finally get a peek at the inept Special Committee posture during the negotiation w/DELL & PE Guys...no more "leaks" to CNBC.
CTG -
Funny...some of the DELL share holders are dropping faster than a used rubber.
CTG - Reply to
cramers dumbest call,since he had motorola as the stock of the week
by jayhawk2134 •Mar 15, 2013 11:17 PMOn Friday morning @CNBC when David Faber was commenting on his "sources" regarding the negotiation process and the continued rehash of the dire position DELL the company is in regarding PC industry...it was Cramer that suggested that everyone should be buying PUTS on DELL.
Upon the Cramer ramble, DELL shares took a hit but then recovered throughout the day and indeed closed higher for the day. Anyone that missed the early morning rant by Cramer were reintroduced to his comments on Mad Money. Just for background, back in late December, or early January, Cramer told his viewers that DELL was a good speculative play and issued a blessing to buy.
Cramer's opinion is forever changing. I didn't hear anything new from Faber or Cramer that changes the two contrasting positions on the buyout.
DELL--the company needs to release the minutes from all negotiation meetings so that the individual can make their own assessment on a fair and reasonable value for the share price. Moreover, they need an internal check to ensure that non public information isn't being released to the press...while at the same time denying disclosure--TWICE--to the third party Shareholder Focus group...seems like a double standard may be conducted by DELL.
CTG -
It's time for Ichan to submit the required Form 13D to the SEC...IF his substantial position involves a 5% ownership position. Of course conversely, in the continued absence of a Form 13D filing that would mean whatever the stake may be it's below the 5% threshold. Time is running out to be in compliance with regulations.
CTG -
There certainly is a share price premium, it closed @ $14.32...well above your $12.50 price point.
The outdated thesis on how the feeble negotiation process between DELL BOD and DELL & PE Guys couldn't keep the share price down. $13.65 was DOA and needs to be anted up else face a rejection through the proxy vote.
CTG -
Easy to write the outcome when you get to write the script. I believe that the Special Committee was lax in their fiduciary responsibility for all shareholders; and remain convinced that there was an inherent bias to support the buyout offer at below true value.
Well, the time is finally near for the release of the Special Committee minutes related to the feeble negotiation stance undertaken by the Special Committee and full BOD on behalf of the unaffiliated shareholder. Expect those data elements to be made available on the SEC website shortly upon expiration of the "Go shop" cycle that concludes on 22 March 2013. I'm interested in reading the discourse from all meetings (28 Sessions?) held by the Special Committee; looking for any void in reporting the process.
Furthermore, in order to support the Special Committee posture during the negotiation process; I expect the reporting to be laced with dire consequences to shareholders if the agreed to offer is rejected. After all, the data is likely to reflect that the Special Committee made an arduous effort to protect the shareholder before conceding to the agreed to price. The shareholder should be able to balance this data release package against the contrasting, and conflicting, rational from SE Partners--et al--in the proxy battle fight.
Time is dwindling down for the "Go shop" cycle. To date there haven't been any offers made public, or for that matter it's not known if there has been one or more offers submitted--at all. Did the Special Committee make it a difficult business case to overcome for competing bids since Michael Dell is a principle in the Silver Lake buyout team? Shouldn't the BOD opened up the "Go shop" prior to agreeing with the Dell & PE Guys offer? I'd say it would have made a more fair path to compete for all interested parties.
At the very least, now that SE Partners has been provided the shareholder names, then we should hear more on the Special Committee counter view in short order.
CTG -
Seriously? Michael Dell & Silver Lake making the below claim...like the pot calling the kettle black...take a look into the mirror!!
On Monday, Dell consented to allow Carl Icahn a confidential peep at its books, raising the possibility that he might submit an offer to counter the $13.65-a-share bid from founder Michael Dell and private-equity shop Silver Lake Partners. However, the buyout group is gambling that he won’t place a bid before March 22, when the “go-shop” period ends for other bidders to emerge, as an inside source says that the partners do not intend to sweeten their offer, and view Icahn as an interloper bent on lining his pockets.
Got to admit, that line was humorous.
CTG -
True...true...true.
Still, I'm gratified he took a stake in DELL. His presence places a legal caution directly towards the Special Committee & full BOD actions henceforth...no more consideration to the buyout team at the detriment of the unaffiliated shareholder.
No SEC filing yet; maybe he doesn't have a 5% position...we'll know that case soon enough...10 day reporting requirement is ticking away.
$13.65 was DOA. Michael Dell & PE Guys need to ante up else face rejection of their buyout proposal.
CTG -
If Michael Dell & PE guys terminate the contract then they are encumbered with termination cost.
Personally, I endorse the Ichan recapitulation plan. But, more to the point I really support the SE Partners proposal to distribute a Special Dividend of $12/share.
From my perspective, M. Dell & PE Guys are trying to steal the company on the cheap...but the $13.65 is obviously DOA...where it ends up from here is still being played out.
Although, I do think Lenovo wants to make an offer.
CTG -
...and YES Silver Lake was supposed to be involved together with TPG to steal Seagate from the shareholder...that attempt failed...the offer for DELL is DOA just like the STX plan.
The Ichan re-capitalization plan is a much better outcome for the unaffiliated shareholder. The DELL & PE Guys need to up the ante or get rejected by proxy vote.
CTG