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Technology Stocks : Dell Technologies Inc.
DELL 127.43+4.0%3:23 PM EST

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To: Gabriel008 who wrote (41782)5/13/1998 12:10:00 PM
From: jbn3  Read Replies (2) of 176387
 
Gabriel,

Congratulations on that trade. If you (we) could only do that every week.... <g>

I suspect you are right. I hadn't known about the Right Line Split Report listing DELL, but suspect that may be part of it. Like you, I do not expect another split announcement until the additional shares get authorized. When they do, we will have enough for two more 2:1s.

If I were sure that we won't get a split announcement, I would seriously consider selling covered June calls next Monday. Remember last year when there was a long lead time between announcement and split? ... I don't believe that Michael would like to see the stock get to the point where the expectations are unattainable.

But, yes, the stock action also appears to me to be a combined function of good anticipated earnings and anticipated split announcement.

Regards, 3.

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