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Technology Stocks : Dell Technologies Inc.
DELL 124.96+2.0%12:55 PM EST

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To: William C. Spaulding who wrote (58397)8/15/1998 8:10:00 AM
From: tsyl  Read Replies (2) of 176387
 
A few words about Dell's possible price movement....

Mr. Spaulding,

As usual, you appear to have option activity all figured out. Lets take a slightly less dim view of the world using recent historical FACTS.

-January 26 MSFT announces 2:1 split. Stock runs from $136 to $154 and splits down to $77 (approx). Six months later, With Naz 2K, MSFT hits $117. A $40 move after split.

-February 14(?) LU announces 2:1 split. Stock runs from roughly $95 to $125, splits down to $67ish. Five months later, stock hits $108.
Another $40 move.

-February 14(?) DELL announces earnings and 2:1 split. Stock runs from $118 to $140 before being slammed down to around $130 in Tech down draft. Splits down to approximately $65. Runs, as we all know, to $118. A $50 move.

My point for this customarily long-winded retort is that the "big boys" in the market make big moves following split announcements. A perponderance of big caps got ahead of themselves recently - DELL included. However, the Dell run up in June/July does not preclude another moderate to substantial move post earnings/split announcement MKT PERMITTING.

The stocks mentioned all slowed due to mkt conditions - not company fundamentals. I dont expect these stocks to rocket forward constantly. Defies nature.

Jerry Favors, TA guru and my personal hero (not), sees next week as important - the possible beginning of the quickly-faltering secondary rally. It may help Dell.
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