Dell: Carl Icahn's Still Got Ithttp://www.fool.com/investing/general/2013/07/05/dell-carl-icahns-still-got-it.aspx Alex Dumortier, CFA
July 5, 2013
On the back of this morning's encouraging June employment report, investors bid U.S. stocks up, with the S&P 500 (INDEX: ^GSPC), and the narrower, price-weighted Dow Jones Industrial Average (INDEX: ^DJI), both gaining 1%.
Consistent with those gains, the CBOE Volatility Index (VIX) (INDEX: ^VIX), Wall Street's "fear index," fell 8%, to close at 14.89, its lowest closing level since May 30. (The VIX is calculated from S&P 500 option prices and reflects investor expectations for stock market volatility over the coming 30 days.)
Dell: The heat is on
In fact, the legendary investor has reduced Dell's board to "playing both sides." On the one hand, they're now trying to scare investors with the risk tha