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Technology Stocks : Dell Technologies Inc.
DELL 130.13-2.3%10:50 AM EST

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To: Chuzzlewit who wrote (137787)7/27/1999 1:51:00 AM
From: stock bull  Read Replies (2) of 176387
 
Chuzzlewit, **OT** if you don't mind, I would like to ask you a question. I own stock in a company that did quit well this quarter. In their earnings statement, they noted that they are going to issue approximately 4 million shares, plus 2.5 million shares by selling stock holders. The 4 million shares will be sold by the company. Am I correct is saying that the sale of these shares will not dilute the shares presently owned by the public investors?

The company went public around 1 1/2 years ago, and I believe this is the first time the inside shareholders are selling a large number of shares. Can't say I blame them for wanting to take a little of the table.

Thanks for your response.

Stock Bull
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