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

To: SecularBull who wrote (40163)	5/4/1998 2:35:00 PM
From: Patrick E.McDaniel	Read Replies (3) \| Respond to of 176387

Dell's short term top should occur after the earnings report. It should level out depending on market conditions and company news. However, I wouldn't expect much of a dip. Dell will put out the annual report in early June along with issues to be voted on. I am watching if Dell will increase shares allowable again to clear the way for 2, 2/1 splits. At present Dell has 650+million outstanding. Dell authorized 1 billion. Dell needs to authorize more shares or speed up the buyback to clear the way for 1, 2/1 split. I would authorize 2 billion to solve the short term problem and clear the way for another next year. Expect Dell to resume the climb leading into the annual meeting in mid-July. Pat