Feeds

Dell buys into Dell for $100m

He's a believer in pocket change

Beginner's guide to SSL certificates

Dell's rebirth as a technology juggernaut is well underway. Just ask Michael Dell.

The company founder and CEO has purchased $100m worth of Dell stock. He acquired the shares via three transactions, buying a total of 4.5m fresh shares.

The mainstream press informs us that this indicates bullish optimism about Dell on Dell's part.

Barron's, for example, blasted out the headline "Michael Dell's $100 Million Bet," and noted "Dell has signaled his faith in the stock by making one of the largest purchases by an individual insider at any company in the past five years." ZDnet, the last honest bastion of the financial press, revealed that "Michael Dell’s a believer" with his $100m statement.

Of course, $100m is what Mr. Dell calls "walking around money" and is about the amount he expects to spend on fireworks this fourth of July. You know - beer, fireworks, barbecue, missile defense shield.

Beyond that, Dell owns, oh, about 250m shares in the company, so how much confidence is he really showing with the 4.5m share haul?

Come on, Michael. Make a Texas-sized purchase. The rest of us want to believe too. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.