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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%Nov 25 3:59 PM EST

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To: MichaelW who wrote (31670)3/2/1998 3:40:00 PM
From: SecularBull  Read Replies (1) of 176387
 
DELL splits 2:1 historically around $100/share on announcement date...

Sometimes as low as $90-95 at split announcement.

Sometimes not even at $103 on earnings' day (see November 97; many of us were disappointed to not see a split announcement at that time).

Split announcements have always (to my knowledge) coincided with quarterly earnings announcements--no special press release just for splits.

(NOTE: DELL shareholders must approve the next split since there are not enough authorized shares to effect a 2:1 after March 6.)

Therefore, the question is not about the possibility of stock splits in the future, but when will DELL rise and hold above $100 after the March 6 split.

Personally, I'm betting on November 98 or February 99 for next 2:1. I'd be surprised if May 98 or August 98 earnings came with an announcement.

Also, it has not been the Company's style to do anything except for 2:1. All of this 3:1, 5:1, and 5:2 talk is about the most "speculative" stuff I've read here and elsewhere. I wouldn't put my money on anything other than 2:1 at or around $100, and even then, don't be surprised if the Board waits a quarter to do it (see Nov. 97)
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