Last week, as the PC market faced DOOM!, Dell had a potential buyer, Blackstone, back out. While that was not particularly interesting to me, what happened next was. Another investor, Oakmark Funds, sold their 24.5 million Dell shares. To quote: A “potential acquirer with access to non-public information decided to end its quest to acquire Dell at a higher price. Since they had information we didn’t, we believed it was prudent to assume they might be right. So we sold our stock and will put the proceeds into other stocks that we are more confident are undervalued,” said Bill... Read more »






