Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: D.J.Smyth who wrote (169674)	5/20/2002 11:54:28 AM
From: GVTucker	Read Replies (1) \| Respond to of 176387

D.J., RE: It has been favorable to a number of significant actors on the "WS stage" that the Dell's stock remain volatile and unproductive to the upside. Most every Wall Street firm would benefit far more if Dell moved up in value than if Dell stayed constant. Goldman Sachs owns 43mm shares of DELL. Morgan Stanley, 25mm. Citigroup (i.e. Salomon) owns 35mm shares. On an average daily volume of 27mm shares traded per day, Wall Street makes a total of perhaps $270,000 per day trading DELL stock. That translates to $70mm per year. If DELL just advanced $1 over the next year, just the three firms mentioned above would make more money on the appreciation than the entire Street would make trading DELL stock. Make no mistake about it, Wall Street wishes that the stock market (and DELL stock) would go up. Always.