Compaq Message Board - Msg: 5588242

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Technology Stocks : Compaq

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To: CGarcia who wrote (31551)	8/25/1998 9:06:00 PM
From: John Koligman	Read Replies (1) of 97611

Last I looked Dell was around 630m and CPQ was 1.45b. When Dell splits in Sept they will both be pretty close as far as the float is concerned. However, some of the Dell faithful are talking about five more splits after this one, I posted to one of them that by my rough calculations (excluding the Dell share buyback program), that would put the Dell float at around 40 BILLION shares. With that kind of float, if Dell was selling at 25 per that is a market cap of 1 TRILLION dollars (just add up CPQ/IBM/Microsoft/Intel/GE and a couple others and you will just about get there). The guy I posted to then asked another poster how he could respond to this. What can I say??? John

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