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Technology Stocks : Dell Technologies Inc.

DELL 120.53

+0.7%

Jan 16 9:30 AM EST

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To: Mohan Marette who wrote (140094)	8/20/1999 6:02:00 PM
From: Sam Bose	Read Replies (1) of 176387

Mohan, Reverse splits usually have pretty negative connotations, and are usually done by bulletin-board companies to bring their stock price up to over $5. I know DELL will never do a reverse, and probably shouldn't. You are absolutely right 'bout the billions of shares floating round not helping anyone. Every time I look at DELL on the Level II I feel sick seeing the huge share sizes on the bid and ask at every single level; makes one wonder how difficult it is for the price to climb by first having to take out all that resistance. Even the over 3 point climb we had after earnings was because of the market makers GAPPING the price up $3 before the open (and you know the closing price was barely 1/2 a point above the Gap). The only way to hurdle thru all the resistance to me seems to be gaps at the open, and they'll only occur if there is significant news or events. Oh well. Sam

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