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Technology Stocks : Intel at $200
INTC 41.34-0.4%3:59 PM EDT

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To: Rob Rob who wrote (244)2/5/1997 5:59:00 PM
From: Kevin OBrien   of 282
 
Splitting dilutes earnings/share. My work to date shows that the valuation adjustment that occurs is not proportional. A 3/1 could wreak havoc with the market price. Any issues will ultimately result in measurable price changes as do re-purchases which are currently assisting IBM price.

Kevin O'Brien
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