And they are going back public, let's hope it will fail just like last time. Crash and burn m------f----.
https://www.nytimes.com/2018/07/02/business/dealbook/dell-deal-vmware.html
15 replies (most recent on top)
The reason Dell doesn't stop hiring Indians who replace with their own expensive kins, is because nobody has the guts to give details and publicise the stories here. No vague rumours, hard facts please!
@TXspx3z-4guf Everything is a repercussion of the action mr d---o, when someone cheats his investors and public, he gets it through his employees, that is the reason world is still balanced.
why don't Dell stop hiring Indians who chase good talents out and replace with their own expensive kins.
It is just a big Ponzi scheme : transfer debt to shareholders and pocket the profits with their bonuses!
$109 per share to buy Dells debt, as an investor, this is a bad joke. I can’t see demand for the stock being high, guess we’ll have to see what financials they are willing to release. P/E will be outrageous.
Dell is trying to cheat the public again with a debt laden company to offload the stakes through this public listing and the company eventually will fall like a twin tower, last time shareholders fund was diverted to make it private if he has little ethics clear the debt and go for public, don't be a complete aol.
Unfortunately, that is true. Private companies can be creative in ways to reduce expenses when times are rough. They don't have shareholders to please so they can afford to figure things out. Once you're public, the quickest way to cut expenses in down times is to cut people.
Because in order to make money from the stock it has to go up and investors will only invest in the stock if the company is profitable or has promise of being profitable in the short term and Dell EMC as a whole has been losing money. One of the quickest ways to return having a profit margin is to get rid of people.
why does IPO means letting people go?
I wish we weren’t going this way but I guess we have to since the tax laws changed and can’t be as creative with the large debt. I enjoyed the long term focus and not chasing the quarterly number. I don’t see this as the end but more people will be let go. Hopefully the street will be more favorable than the last 10 years of being public. Hopefully they will give out options again so non directors/VP’s aren’t the only people that make money on it. Then again, that’s hoping for the pre-‘99 stock growth. I’m being optimistic, I do believe it will be successful but it will be a hard road short term.
"why would you want Dell to crash and burn?"
It's called being butt hurt. Since he lost his job, he wants everyone else to lose their job
haters gonna hate.
Dell IPO means employees gotta to go, go, go.
why would you want Dell to crash and burn? There's a 140k people who work there, who have to feed their families. Seems a little harsh.
I guess this was the only option left, VMWare had cash in the bank, I assume.