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


To: hpeace who wrote (28750)1/29/1998 10:08:00 AM
From: John Hauser  Respond to of 176387
 
To reitterate a post of mine from Dec. 2 regarding splits (from the horses mouth)
(maybe they've changed their minds by now? I don't know)

With all this talk of splits, I found this on the Yahoo Message board:

Ed sent an upbeat and praising note to DELL and slipped in a blunt question on the probability of DELL announcing a third split in 12 months. DELL actually replied back and stated the following:

Date: 97-12-02 14:16:48 EST

Edward -
Thank you for the kind words - at Dell, we always love to hear from shareholders and investors regarding our performance and our messaging of results. We studied the split issue long and hard, and the opportunity for a stock market first, but elected to avoid any potential weakness this might create in our stock. From our discussions with our Wall Street coverage analysts, we heard the response that this would be too much of a gimmick with the technology sector under pressure in the broader markets. Dell's management team took this to heart, and elected not to pursue this at the board level at this time.

If you have any questions regarding this matter - or any other issues you find to be of interest -- please call me directly at 512-728-4243.

Thank you,

Frank Milano
Investor Relations
Dell Computer Corporation

Good work Ed! If we take this at face value, then it answers our idea that DELL would announce a split soon. Part of me wants to believe that this is standard boilerplate reply stuff, but the frankness and apparent honesty makes be lean towards believing them. Regardless, DELL is still a good stock and performing well and there isn't any sign of it letting up soon.

I called Frank Milano of Dell at the number above and this is legitamite



To: hpeace who wrote (28750)1/29/1998 11:51:00 AM
From: kemble s. matter  Read Replies (1) | Respond to of 176387
 
Steve,
Hi!!! Quite strong today...and feeling like this maybe part of the early run up to earnings...IMO many know where Dell was (103) and that they will profit from Asia....also, the split IMO is almost a given.
What are your feelings on the Wang Service arrangement?
Best, Kemble



To: hpeace who wrote (28750)1/29/1998 1:07:00 PM
From: RON JANOWSKI  Read Replies (2) | Respond to of 176387
 
Steve how high do you think they need it to be so they can anounce 3-1 or 5-2 ?
Also I steped in to that smod bull put spread this time steping in worked in my favor sold 30 april 40 s yesterday @ 12 buy 30 april 30 s today @ 3.5 .
Thanks for advise now I will have to do some studing on rolling up if we don't
get move. Would you please keep me informed if you think we should close
out position early for some reason Thanks again for the help !
P T L .... Ron J .