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Technology Stocks : Dell's Daytraders Decision Site
DELL 127.02-0.7%12:32 PM EST
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To: Larry who wrote (522)7/30/1997 11:22:00 AM
From: jim kelley   of 1124
 
The stockholders approved an increase in the number of shares outstanding. This permits DELL to do another stock split when the
price of its shares get higher. There is not dilution of ownership
involved with this transaction.

Alternately, DELL could issue new stock to its employees for example as part of an ESOP instead of giving them treasury shares. The latter would be slightly dilutive.

regards
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