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Technology Stocks : TECD - Tech Data
TECD 144.900.0%Jun 30 5:00 PM EST
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To: Brandon P. Patterson who wrote (175)7/24/1997 5:35:00 PM
From: Ross Brown   of 584
 
Brandon,

Last split was 4/18/94, but this was a long time ago, mostly due to a dip the company took as it converted from a Tandem based order system to IBM. The switchover was a massive effort that was necessary, but the glitches caused a dive in earnings during that time.

I would look for a split at $45 to $48, based on what employee gossip is. I really am not well connected to that as much as in the past, though.

I think, market willing, that we should see this by the end of Oct., Nov. at the latest.

Ross
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