Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: CGarcia who wrote (31551)	8/25/1998 7:53:00 PM
From: Elwood P. Dowd	Read Replies (3) \| Respond to of 97611

CG.... I would think so and it's going to be interesting to see what happens when DELL floods the market with shares soon on the recently announced 2/1 split. Certainly a lot of Dell shareholders will sell shares to invest elsewhere(maybe CPQ will benefit). I think that it was a MAJOR mistake for CPQ to split last time around, especially with the DEC deal on the front burner at the time. I'm not saying that the DELL split is a mistake cause I'm sure they like to keep the shares priced right for the small investor, but it still will create a glut of shares, imho. El

To: CGarcia who wrote (31551)	8/25/1998 9:06:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 97611

Last I looked Dell was around 630m and CPQ was 1.45b. When Dell splits in Sept they will both be pretty close as far as the float is concerned. However, some of the Dell faithful are talking about five more splits after this one, I posted to one of them that by my rough calculations (excluding the Dell share buyback program), that would put the Dell float at around 40 BILLION shares. With that kind of float, if Dell was selling at 25 per that is a market cap of 1 TRILLION dollars (just add up CPQ/IBM/Microsoft/Intel/GE and a couple others and you will just about get there). The guy I posted to then asked another poster how he could respond to this. What can I say??? John