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

To: K. M. Strickler who wrote (51732)	7/16/1998 3:09:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

Voodoo theory anyone???? [Dell up + 1 3/8 on 16 million shares] Ken: I think we might be in for 'big trouble' according this dude,the Dow Theory guy.<gg> biz.yahoo.com

To: K. M. Strickler who wrote (51732)	7/16/1998 3:35:00 PM
From: Jim Patterson	Respond to of 176387

re: Even though the share count 'doubles', the price 'halves' and the value remains 'equal'. I would think that the fund managers base their portfolio positions on 'value' which would have remained the same not the 'count'. They also look at Interest days. For very big positions, calculated liek short interest. equitable has 30 Million shares. That is about 2 days worth of trading, 4 if you consider the double print. Now DELL splits 2/1, the average daily volume will not double. It never does. It will go up, but it is unlikely that in 3 months the daily volume will be 30 million, 2 X 15 today. 20 Million is a more likely number. That increases the time to get out of a position should you want out. So the answer is Yes to a certain extent, the split can matter to big positions. Jim