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COPYRIGHT 2001 Texas Monthly, Inc.
After a dizzying fall, the PC maker's shares may have finally hit the floor.
Symbol (Nasdaq): DELL 52-Week Range: $59.69-$16.25 Price on January 31: $26.13 Market Capitalization: $68.4 billion
Michael Dell is buying. That was the word on the street on January 2, when the chairman and CEO of the number two PC maker, Dell Computer, added nearly 12 million shares to his already rather substantial holdings by exercising options. It was a hopeful sign and reversed the overwhelmingly bearish trading pattern of Dell senior executives and directors, whose insider sales dwarfed purchases by a ratio of more...
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