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Technology Stocks : Dell Technologies Inc.
DELL 138.07-3.2%11:43 AM EST
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To: Rosemary who wrote (24299)12/5/1997 5:34:00 PM
From: Chuzzlewit  Read Replies (3) of 176387
 
Nonsense! The price appreciates because people are bullish about the outlook for the company -- this has nothing to do with splits, which simply substitute more pieces of paper. If you look at stocks within one industry you will find that there is zero correlation between the P/E and the price of the stock. If stock splits were important you would expect lower priced stocks to have have higher P/E's than the higher priced ones.

Ragards,

Paul
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