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


To: Jose A. Almodovar who wrote (51581)7/16/1998 12:07:00 AM
From: SecularBull  Respond to of 176387
 
The increase in authorized shares from 1 to 3 billion is as good as done. As for a split, who knows. I still give it 50-50. The more the stock moves up, the more the chances increase. Management certainly loves the opportunity to split 2:1, but Management has also hesitated in the past, and waited for a later opportunity. However, when they did that last time, the stock was nowhere near the current levels. I think it was only at 105, and everyone was counting on a split at earnings, and didn't get it. The stock dropped, only to recover and split at the following earnings announcement.

The last time they split the stock at an annual meeting (last year), the intention to split had already been announced pending approval of the additional authorization of shares from 360 mln to 1 bln. All other split announcements occur at earnings announcement dates, are approved by the Board only, and as a dividend payable in shares of stock (using the unissued, authorized share surplus).

A split will occur. The question is when. I give on or before August earnings a 100% chance IMO.

I will be extremely happy if the Board does it Friday, but I have had to wait before, too.

LoD



To: Jose A. Almodovar who wrote (51581)7/16/1998 11:55:00 AM
From: Jim Patterson  Read Replies (2) | Respond to of 176387
 
I think a split is a given at this point.
I don't know if they need to authorise more shares or not.
Either way, DELL will announce a 2/1 split with the EPS report.

Perhaps a 3/2 if they have a share count situation.

But definately a split.

What does it do to the stock,
Depends on what the stock does from now to the EPS, and what the rest of the market is doing.

Everyone knows I think the stock should trade at $35, split or not.

Jim