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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Venkie who wrote (62515)	8/31/1998 3:26:00 PM
From: Dell-icious	Read Replies (4) of 176387

From thestreet.com: an excerpt about DELL that doesn't make sense to me: can someone clarify this? For Dell, there doesn't seem to be a fundamental reason it's getting hit so hard Monday, although Gerard Klauer Mattison analyst Lou Mazzucchelli has an explanation. Since Dell announced a 2-for-1 stock split for this Friday, shareholders of record on Aug. 28 and earlier will double their shares. But investors buying this Monday will not participate in the split. "That's why, along with the market's general malaise, we have so much selling and no buyers with Dell," says Mazzucchelli, who rates the stock a buy. (His firm hasn't participated in any of Dell's offerings.)

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