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

To: Dr. D who wrote (52695)	7/20/1998 10:05:00 PM
From: Ex-INTCfan	Read Replies (1) \| Respond to of 176387

Perhaps it is going to be a three-fer. At these prices, Dell could do a 3:1 and still be priced above Compaq. Maybe Michael wants to rub Compaq's nose in it, especially after CPQ's poor price performance since their split last fall. Personally, my only concern is that down the road a 3 for 1 will generate additional commissions for Schwab at my expense, since they charge $30 per thousand for a trade.

To: Dr. D who wrote (52695)	7/20/1998 10:16:00 PM
From: JBird77777	Read Replies (1) \| Respond to of 176387

While in Austin for the annual love-in I heard that the 3 for 1 split prediction came from a radio talk show host. This host supposedly has made one and only one other prediction about Dell and it came true recently, so he gained a lot of local credibility. I tend to discount such rumors. I trust Dell management to split the stock at such times and in such amounts that make the most long term sense for Dell stockholders.

To: Dr. D who wrote (52695)	7/20/1998 10:17:00 PM
From: SecularBull	Respond to of 176387

Apparently, the 3:1 rumor at the DELL campus is running rampant. I think that it's based in confusion about the new share authorization. I suspect that the Board has voted to announce a 2:1 at earnings in August (I'm 99.9% sure). LoD

To: Dr. D who wrote (52695)	7/20/1998 10:18:00 PM
From: Tweaker	Read Replies (1) \| Respond to of 176387

"Do you think the Dell employees are simply confusing a 3 for 1 split with the increase of shares? Quiet frankly, that has my first thought but I am beginning to wonder if maybe they are not confused." If it was not from several different sources I would think so. Could all of the employees be confused? "I don't subscribe to the mistaken theory of increased value due to split." The value is only perceived. I was reading a post on the CPQ thread where they were complaining that DELL was up more than CPQ. Dell was up more points, but if you look at the percentage, CPQ was actually up more. When someone ask you if your stock is up today you might say, "yeah it was up 2 points." Well those 2 points mean a lot more if the stock price is $40 than if it is $120. People like to buy stocks in round lots. They may not have enough money to buy 100 share of a stock that is over $100 a share. For some reason, a point is a point to most people no matter what the price is (within reason). How much would Dell cost if it never split? Would you buy Berkshire Hathaway?

To: Dr. D who wrote (52695)	7/20/1998 10:22:00 PM
From: SecularBull	Read Replies (2) \| Respond to of 176387

IMPORTANT: I just received this (fwd) e-mail: >> "Not a 3-1 stock split---the shareholders and board only authorized an increase in the # of shares from 1 billion to 3 billion. I think we will see a 2-1 stock split when we announce earnings in august."<< The author of this e-mail was a DELL employee. It appears that the confusion theory might be correct. LoD

To: Dr. D who wrote (52695)	7/20/1998 10:34:00 PM
From: JBird77777	Read Replies (2) \| Respond to of 176387

At the conclusion of the annual meeting, MSD stayed up in front and talked with various people who chose to approach him. I took the opportunity to ask him how Dell management is able to manage and control such rapid growth. He replied that, while Dell may seem difficult to manage in its entirety, Dell breaks it down into smaller and therefore more manageable divisions, for example by product line and geographically. While this approach is certainly not unique to Dell and may seem obvious to many, I was impressed with MSD's ability to respond promptly and concisely. He also obliged me by signing a Dell cap that I had bought in the local Dell "Gigabytes" store for my son. MSD is not only bright and very wealthy, he comes across before groups and one-to-one as a genuinely nice guy with a great sense of humor. "But wait, there's more!" MSD 7/17/98 "That concludes our annual love-in, er, shareholders meeting." MSD 7/17/98 JBird