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Technology Stocks : Dell Technologies Inc.

DELL 138.94

0.0%

Dec 5 9:30 AM EST

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To: MichaelW who wrote (31670)	3/2/1998 11:17:00 PM
From: jbn3	of 176387

re: the possibility/probability of future splits. Historically DELL tends to announce splits when the stock is in the 85-100 range. The company believes in its future and Michael likes for the small investor to have the opportunity to buy shares at a reasonable price. That said, the company may never have another split. However, if earnings growth continues at the current rate or better, the stock price should continue to trend up, and splits should occur periodically. Barring unforeseen calamities, I expect the next split will be announced no earlier than November, no later than February. However, due to the number of shares authorized and outstanding, no split is possible without shareholder approval to issue more shares. Examine your proxy for the shareholders' meeting when you get it. If there is no item listed to increase the number of authorized shares, a split is unlikely to happen. If the proxy contains a votable proposition to increase the shares to a quantity which would enable a 2:1 split, at least you know the company is considering that eventuality. Regards, 3.

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