Dell Votes to Go Public Again

Discussion in 'HardForum Tech News' started by AlphaAtlas, Dec 12, 2018.

  1. AlphaAtlas

    AlphaAtlas [H]ard|Gawd Staff Member

    Messages:
    1,716
    Joined:
    Mar 3, 2018
    Following rumors of an IPO back in September, and a public plan to shift shares of VMWare back in November, Dell has reportedly passed a vote that will allow the company to go public again. Dell decided to go private in 2013, but a spokesman told Techcrunch that the PC maker will be listed on the New York Stock Exchange once again.

    With today's vote, Ray Wang, founder and principal analyst at Constellation Research, says the company is looking to move away from activist investors like Icahn and Elliott Management to more traditional institutional investors. “Michael Dell is attempting to rid his short-term activist shareholders for more mid- to long-term institutional types as he goes public again,” Wang explained. As the company returns to the public markets, it means it is in the fairly unique position of going from public to private to public again. Dell originally went public in 1988 before taking the company private again in 2013 in a $24.4 billion buy-back.
     
  2. Joust

    Joust 2[H]4U

    Messages:
    2,200
    Joined:
    Nov 30, 2017
    Dude. You can get a (piece of) Dell.
     
  3. Sulphademus

    Sulphademus Limp Gawd

    Messages:
    313
    Joined:
    Mar 18, 2010
    “Michael Dell is attempting to rid his short-term activist shareholders for more mid- to long-term institutional types as he goes public again,”

    Mmmmhmmm, lemme know how that goes.
     
  4. ir0nw0lf

    ir0nw0lf [H]ardness Supreme

    Messages:
    6,279
    Joined:
    Feb 7, 2003
  5. Comixbooks

    Comixbooks Ignore Me

    Messages:
    12,344
    Joined:
    Jun 7, 2008
    Steve is still awesome
     
    SolarisGuru likes this.
  6. Comixbooks

    Comixbooks Ignore Me

    Messages:
    12,344
    Joined:
    Jun 7, 2008


    My first 3 PCs were Dells 233MHZ 500MHZ and 800MHZ
     
    tungt88 likes this.
  7. Dr. Righteous

    Dr. Righteous 2[H]4U

    Messages:
    3,049
    Joined:
    Aug 1, 2007
    Well if the end was not already neigh for Dell; this will be the beginning of the end.
    Usually when companies go public the quality goes way down to produce a cheaper product.
     
    Ranulfo, TitaniumLizzard and Iceshot like this.
  8. SolarisGuru

    SolarisGuru [H]Lite

    Messages:
    72
    Joined:
    Jul 9, 2016
    If they wanted to sell more computers they'd just bring Steve back.
     
    Master_shake_ and Armenius like this.
  9. Armenius

    Armenius I Drive Myself to the [H]ospital

    Messages:
    16,182
    Joined:
    Jan 28, 2014
    upload_2018-12-12_11-51-57.png
     
  10. drescherjm

    drescherjm [H]ardForum Junkie

    Messages:
    14,169
    Joined:
    Nov 19, 2008
    I would like to see them actually have AMD offerings to us in their corporate line. We have a Dell only contract and the AMD offerings are priced such that the comparable Intel system is cheaper (well at least the last time I needed to purchase a high end desktop).
     
    Sulphademus likes this.
  11. Pieter3dnow

    Pieter3dnow [H]ardness Supreme

    Messages:
    6,377
    Joined:
    Jul 29, 2009
    With that history of shamelessly grabbing all that hey can from Intel when it was offered.
    Michael Dell has a real pride in sales yet when it comes to selling it is selling out what made him more money ...
     
  12. Glock24

    Glock24 [H]Lite

    Messages:
    125
    Joined:
    Jan 2, 2005
    So their products will be cheap shit again?
     
  13. Sulphademus

    Sulphademus Limp Gawd

    Messages:
    313
    Joined:
    Mar 18, 2010
    The slapping of the Dell stickers over the real manufacturer's nameplate proudly done in the USA!
     
  14. Joust

    Joust 2[H]4U

    Messages:
    2,200
    Joined:
    Nov 30, 2017
    No one reads Mandarin.
     
    Armenius and Sulphademus like this.
  15. TitaniumLizzard

    TitaniumLizzard [H]Lite

    Messages:
    93
    Joined:
    Dec 30, 2009
    Isn't that what happened the first time? I've heard quality went back up after Michael Dell took it private again. I guess that's over.
     
  16. Grimlaking

    Grimlaking 2[H]4U

    Messages:
    2,559
    Joined:
    May 9, 2006
    Well since we have orders pending for some dell servers... may be worth while to get those in before products turn to poop in a rack.
     
    Glock24 likes this.
  17. JDanser

    JDanser Limp Gawd

    Messages:
    258
    Joined:
    Feb 9, 2012
    Welp, if you're on the fence, pull the trigger on that Dell now. I have a feeling that after they go public it'll be back to mass market crap boxes with zero configurability like they were up till about 2013
     
  18. Grimlaking

    Grimlaking 2[H]4U

    Messages:
    2,559
    Joined:
    May 9, 2006
    Yea I just love how shareholders take a product that was good and whole then demand it be turned into crap in a box to milk the brand for a few years. It drives me NUTS.
     
  19. Paul_Johnson

    Paul_Johnson [H] PSU Editor & Admin Staff Member

    Messages:
    15,415
    Joined:
    Aug 29, 2004
    What is the definition of insanity again?
     
  20. Grimlaking

    Grimlaking 2[H]4U

    Messages:
    2,559
    Joined:
    May 9, 2006
    You can thank the BILLIONS in loans that Mr Dell took out to buy back his company then buy EMC. Now the investors want to be paid so he doesn't have a choice.
     
  21. bink

    bink [H]ard|Gawd

    Messages:
    1,412
    Joined:
    Sep 29, 2004
    Lol our del rep came by the other day and talked to us about it...said it was for tax purposes. I’ll still take my dell servers over HP and super micro. EMC can kiss my ass. Ohh uhh hey I know you just bought this San three years ago but the uhh maintainance renewel is gonna cost more than a new SAN and we convieniently have a quote for one attached.
     
    Rahh likes this.
  22. katanaD

    katanaD 2[H]4U

    Messages:
    2,050
    Joined:
    Nov 15, 2016
  23. Sycraft

    Sycraft [H]ardness Supreme

    Messages:
    4,401
    Joined:
    Nov 9, 2006
    Ya EMC can eat it. NetApp for life :D. Seriously, a guy I know worked at a company Dell bought, they used to use NetApp and transitioned to EMC. When I was looking at a new NAS I asked him he said "Don't get Dell/EMC it is all kinds of incompetent now."
     
Tags: