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Technology Stocks : Dell Technologies Inc.

DELL 138.94

0.0%

Dec 5 9:30 AM EST

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To: Lucretius who wrote (40553)	5/6/1998 12:43:00 PM
From: Dell-icious	Read Replies (2) of 176387

LT: You are incorrect in your analysis regarding volume, as with DELL in general. True, position traders might care more about the market capitalization of their shares, in which case they have to trade double the number after split if they bought/sold pre-split. However a significant portion of volume is due to short-term/daytrading. Daytraders typically trade in lots of 1000, pre-split or post-split. There are many reasons for doing so, among them being the ability to use the SOES execution system which can be used only to trade upto 1000 shares. Thus, a daytrader trading 1000 DELL pre-split is NOT going to trade 2000 DELL post-split. Hope this helps. Dell-icious

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