dell
Dell Computer Corp. was founded in 1984 by Michael S. Dell. Four years later in 1988, Dell became a publicly traded company with 3.5 million shares at $8.50 each. Four more years later, Dell was ranked in the Fortune 500 roster with Michael Dell as the youngest CEO to be ranked on this list. In 1996 Dell's stock raises to about $100 per share pre-split. One year later this number is multiplied by 10 and stock is up to a startling $1000 a share pre-split. Date Event Per-Share Price Presplit Stock Price June 22, 1988 Initial Public Offering $8.50 -- April 9, 1992 Three-for-Two Split 25.81 38.72 Oct. 27, 1995 Two-for-One Split 45.00 135.00 Dec. 6, 1996 Two-for-One Split 56.75 340.50 July 25, 1997 Two-for-One Split 81.50 978.00 March 6, 1998 Two-for-One Split 69.25 1,662.00 Sept. 4, 1998 Two-for-One Split 54.75 2,628.00 March 5, 1999 Two-for-One Split 43.03 4,131.00 Jan. 28, 2000 Close of Last Quarter 37.25 3,576.00 Also in 1997, Internet sales reached $1 million per day. In 1999, a mere fifteen years since the start of this company, Internet sales reach $35 million per day. Dell Computer Corp. is ranked No, 4 in the Fortune 500 ranking, and Wall Stree
The CEO of Dell Computer Corp. is of course Michael Dell. He started the company with a mere $1000 and has turned it into a multi-billion dollar computer giant. Mr. Dell attended The University of Texas at Austin. In 1999, Mr. Dell wrote the bestselling book Direct From Dell: Strategies That Revolutionized an Industry, his story of the rise of Dell Computer Corporation and the strategies he has refined that apply to all businesses. He is a member of the Board of Directors of the United States Chamber of Commerce, the World Economic Forum, and the Computerworld/Smithsonian Awards. Mr. Dell serves on the nominating committee for the National Technology Medal of Honor, and is a member of The Business Council. He is also a member of the Computer Systems Policy Project. The top six competitors to Dell are Compaq Computer Corp., Gateway Inc., Apple Computer Inc., Micron Electronics Inc., Bitwise Designs Inc., Paravant Inc., and Hertz Technology Group. Dell Computer Corp. is worth about four times the amount of its closest competitor, Compaq Computer Corp. t named it the No. 1 return in total return investors over the past three, five, and ten years. Also in the past 15 years Dell Computers' total sales have grown from $6 million to $23.6 billion! So all in all, Dell is a very strong company even though it is only 15 years old. It was started by one man with $1000 and is now the number two computer company in the world and the number one computer company in the United States. Over that short fifteen years, Dell has increased its sales by 40 times! And it is not stopping there. The company is continuing to grow and the stock prices are gro
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