Tuesday, April 10, 2007
What happens in Austin if Dell is delisted?
This Austin Business Journal article says that Dell has received it's second delisting notice from Nasdaq.
If Dell is delisted, how would it effect Austin?
I can see two influences:
1) I suspect there is still a lot of Austin money tied to Dell stock -- Dellionaires if no one else -- that might basically evaporate.
2) If Dell was delisted, it would severely affect consumer confidence in Dell, and would probably lead to a precipitous drop in sales. That, in turn, would lead to reductions in staffing. All of a sudden Austin would have a much higher unemployment.
Hmm... I'm sure the repercussions would ripple out even more. What else do you think would happen?