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


To: JRI who wrote (140053)8/20/1999 12:23:00 PM
From: Lee  Read Replies (2) | Respond to of 176387
 
Hi John, . Re:.when the "45" dam really breaks, we should bounce nicely and quickly up to 47, 46.5, 47.25 quick...the run from 45 to 46 should be fast...

Can we still expect these kinds of daily moves when the float is almost 2 billion?

According to the Yahoo quote, Dell volume is more than 10 times QCOM volume today, yet the price action is equal to unch. And the shareholders have approved increasing shares outstanding to 7 b? How much of that ends up in the float or shares actually traded?

finance.yahoo.com

QCOM
Market Capitalization           $26.7B 
Shares Outstanding 160.5M
Float 139.7M

DELL
Market Capitalization $113.2B
Shares Outstanding 2.54B
Float 1.96B


I guess if one wants to verify this, they could look at some of the other large float big caps compared with the smaller float issues. If you remember, a lot of the substantial intraday gains made on the Inet stocks is because of the small float. What do you think?

Best,

Lee

PS - Bravos looking kind of tired lately! <g>