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April 22, 1994

DELL PLAYING THE MARKETS?

By CBR Staff Writer

Has Dell Computer Corp been playing the currency markets again? A spokeswoman had no immediate comment when Reuter enquired about a televised report that it has a $350m exposure to interest rate swaps in its current first quarter: the report, carried on Canadian National Broadcasting Corp, was attributed to a source, who added that Dell would report that unless rates returned to February levels, the exposure would have a material impact on the company’s earnings.

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