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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Donaldm who wrote (3056)9/16/1998 7:44:00 PM
From: Bill Fischofer  Read Replies (3) | Respond to of 17183
 
Re: Split

I'm not anticipating a split any time soon. EMC is an emerging blue chip and I think management will be content to allow the stock to trade in a more blue chip price range than before. With nearly 500 million shares outstanding there is no liquidity need to consider a split at this point. As a result, I don't think we'll see another split until we're well north of 100. Given EMC's current growth rate that should hold us for another year or so.



To: Donaldm who wrote (3056)9/16/1998 10:37:00 PM
From: SJS  Respond to of 17183
 
Hmmmmmmmmm. Think they would have to authorize new shares for a 2 for 1 but not for a 3 for 2, but not sure.



To: Donaldm who wrote (3056)9/17/1998 5:43:00 PM
From: charlief  Read Replies (1) | Respond to of 17183
 
The rumor is they are making truck loads of money and each quarter
they need bigger trucks! Usually good for stock prices.

I believe it tanked to near 44 weeks ago, but only for a day or two,
what a missed opportunity that was.

I'd rather see a token dividend before another stock split.

I like the 'north of 100' talk in any case.

Thanks EMC.


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