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


To: Craig Lieberman who wrote (57467)8/11/1998 12:05:00 AM
From: DoggieDude  Respond to of 176387
 
To All:

I just finished browsing through todays postings & I just thought I'd toss in a few points, comments, etc.

Someone starting discussing the possiblilty/probability that the whole anticipated split is already priced into the stock. For the most part, this is true (IMO). I do lots of trading on news of splits and that sort of thing, I subscribe to a pay service that predicts which companies are in their historical split area and are doing things that would suggest a split. (It's a pay service so I won't name it to avoid any flames about promoting somebody elses service). Anyway, Dell has been talked to death about an anticipated split for months now. Therefore, IMO it's already priced in.

We may have one other small short term glitch that may hold back the so called "run to earnings". It's those people who bought when Dell was up to 118. Even if we start pulling 2-3 points a day for the next few days we may get stuck in a resistance area around 117-119 while those people who bought at that price find themselves in the "happy" position of getting out without getting killed. Of course none of this has any affect on the long term prospects of Dell, I'm just saying that we may find Dell having a dull response to the earnings thing. The only way around this would be a complete blowout of earnings.

Anyone else see this?? Or have any explaination why we won't see resistance at 118?? I'd be happy to be proven wrong.