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[TH] Dell Officially Goes Private, Delists from Nasdaq - Page 2

post #11 of 18
Quote:
Originally Posted by xlink View Post

I could've been more clear, I'll admit I'm tired.

The primary incentive in this case is NOT sending someone to prison for violating SOX or other regulations. There are other components which impact companies and their board of directors which affects things ranging from executive compensation(which matters, companies with poor exec compensation tend to perform poorly, quite possibly due to an inability to attract top talent/network connections[execs bring their friends with them if not as hires then as advisers and consultants]) to a number of other subtleties which are generally a pain to go into detail on and that I'm not well versed enough to discuss.

People don't go to prison for violating Sarbanes–Oxley... the company generally gets a warning, fined, or fined again. If someone did something egregious enough to go to jail, they would have gone to jail regardless of the act. I personally have to deal with SOX during audits.... it's not THAT bad. It does add work but somethings required should be what companies should already being doing.
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post #12 of 18
Glad to see this happen so quickly. I'm thinking the Venue Pro 8 would be a good purchase to celebrate them going private thumb.gif
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post #13 of 18
this is a very good thing for dell.
hopefully means they will be a competitor in the market again with quality laptops and such.
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post #14 of 18
Definitely good news. They can now focus on creating a quality product and not worry about impressing shareholders (AKA making them $$$ any way possible). Hopefully that is the idea here.
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post #15 of 18
Dell makes good products. I have an old C2D Dell Workstation here and it really feels solid. The case is well-designed and it has Nidec/Delta 2BB fans inside (with those weird Dell connectors!).

Also, my dad just got an XPS 13 at work and it looks like a very good product to me.
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post #16 of 18
I'm very happy with my Alienware in my sig (typing this post on it now). Dell has always been capable of great machines, but got caught in a race to the bottom with HP, making junk laptops for quick profit while hurting their image. Drop the junk lines and focus on their premium lines IMO.

Back in good hands, I see Dell becoming a solid brand again.
Edited by Wattser93 - 10/30/13 at 7:12pm
 
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post #17 of 18
Quote:
Originally Posted by tpi2007 View Post

Source.


They have some good monitors. I hope they keep improving on that area of business.

this is so the Michael Dell can use the company as a private piggy bank. this won't improve the company in any way whatsoever... just legalize the owners to raid the company profits for their own back pockets.
 
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post #18 of 18
Quote:
Originally Posted by DuckieHo View Post

People don't go to prison for violating Sarbanes–Oxley... the company generally gets a warning, fined, or fined again. If someone did something egregious enough to go to jail, they would have gone to jail regardless of the act. I personally have to deal with SOX during audits.... it's not THAT bad. It does add work but somethings required should be what companies should already being doing.

There are consequences for violating SOX which have prison time attached. These usually affect the guys at the top.

http://www.reuters.com/article/2012/07/29/us-financial-sarbox-idUSBRE86Q1BY20120729
"One of its toughest provisions required corporate executives to certify the accuracy of financial statements and imposed jail terms of up to 20 years for willful violations."


I took enough accounting classes to sit for the CPA. I had this stuff drilled in my head...
Then I became an operations strategy analyst at a large tech company... I'm now making strides to forget all the accounting I learned and to pick up advanced statistics, econometrics and applied mathematics.
Edited by xlink - 10/31/13 at 5:30pm
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