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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Howard Cragg who wrote (131543)	6/7/1999 9:44:00 PM
From: kemble s. matter	Respond to of 176387

Howard, Hi!!! RE: Hi Kemble, do you have any idea why Dell is asking to rasie the authorized shares of common stock from three billion to seven billion in the annual meeting?? It can't be for a stock split with the share price about $36. Well, if I use the quotes of management...we are looking at another split...I believe it was Kevin Rollins who described to us at the shareholders meeting....What were the criteria management would use for future splits? He replied that there were three: 1. Authorized shares by the shareholders 2. Market conditions.... 3. Revenue growth going forward Now, I know the stock is at $36...and the misconception is a bargain to anyone with money in a mattress...IMO DELL is about to unleash a series of announcements that show where they are headed...Higher end possibilities...Take the comments of Kevin Rollins from last friday..."$20-$40 billion in e-commerce additional in the next 12 months..." I will ask you: Is this a stock that appears to be "sick" ? Is this a stock that has shown weakness in the industry? The revenue may be "flat" to some...but, the angles and areas that DELL is working on for the future are IMO enormous...If you have read any of my "preaching" ...You will know I love to dream of the possibilities the Direct Model creates...OOOH...BTW...didn't Kevin Rollins warn anyone after the "flat" earnings that "they'd be sorry if they sold DELL?" Howard...I trust DELL...that's a given! And, I can only assume another split early next year....That would be interesting...I'd have to hire someone to do the higher math then....Make that six! :o) Best, Kemble