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Technology Stocks : Dell Technologies Inc.
DELL 115.33-5.5%3:59 PM EST
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To: Techie who wrote (46870)6/9/1998 12:32:00 PM
From: Chuzzlewit  Read Replies (1) of 176388
 
Techie, first, a split adds no value to a company, so forecasting a split is not hyping the company. It does, however, attract a bunch of momentum guys and the price of the stock goes nuts for a few weeks, but in the long run nothing changes. But there are indications of a forthcoming split. Why else would there be a proposal to substantially increase (I believe they will be tripling) the number of authorized shares? Do you view this as hyperbole?

Hyperbole is when you talked about several analysts noting that Dell lost accounts to IBM. Why? because your statement subsumed incorrect information (that Dell lost any account) and used an inappropriate appeal to authority (several analysts).

Now contrast that to Bachman's discussion of the potential for a split. I hope you can discern the difference.

TTFN,
CTC
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