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Technology Stocks : Dell Technologies Inc.
DELL 122.46-8.5%Nov 17 3:59 PM EST

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To: SecularBull who wrote (51174)7/14/1998 10:46:00 AM
From: Kayaker  Read Replies (3) of 176387
 
<<The proxy statement does include one item to increase the authorized shares from 1,005,000,000 to 3,005,000,000. This would allow for one 3:1 or two 2:1 (my pick) splits...>>

Pardon my math here, but if you have a 2:1 split, then you go from 1,000,000,000 to 2,000,000,000. A second 2:1 split takes you from 2,000,000,000 to 4,000,000,000, which exceeds the 3,000,000,000. No? Also are there really 1 billion shares out there or do we have an extra zero here?
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