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


To: John Koligman who wrote (21262)11/12/1997 5:00:00 PM
From: T.R.  Read Replies (1) | Respond to of 176387
 
ANYONE...

...I asked yesterday and didn't receive a response so I'll try one more time. Hope I'm not becoming a nuisance...

As I said in the earlier post...this is probably a novice question... but earlier there was a reasonably large amount of discussion regarding the possibility of another split. At that time the price was over 90/shr.
If this has been a consideration will the current drop in prices impact Dell's decision to offer a split? If so, at what price would one speculate that to happen?

Does anyone know if the current drop in CPQ will impact their earlier announcement to offer a split? Once a split is declared does the company have the right to reverse their decision?

I will appreciate any input on this.

Thanks,

T.R.



To: John Koligman who wrote (21262)11/12/1997 5:25:00 PM
From: jim kelley  Read Replies (4) | Respond to of 176387
 
John,

69 I think.

Comment:

The action on DELL was not specific to DELL but to the market as a whole. CPQ also fell through 60 today and INTEL is off a bit. This happened within 6 minutes after the FOMC announced their decision not to change interest rates. It appeared that the FOMC was the trigger for the selling that took place.

DELL was up as much as 2 for most of the day until the FOMC report came out. The market is decoupled from the fundamental economic situation and is for that reason dangerous at this time. If no institutional leadership is taken in normalizing these markets we are at risk of a bear market in my opinion.

GO FIGURE!

Regards,

Jim Kelley