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

To: JRI who wrote (93812)	2/2/1999 12:37:00 AM
From: carl a. mehr	Respond to of 176387

This article was posted by wogger on the Cisco thread and talks about possible splits by DELL and CISCO: ***** Here is an article from the Wall Street Journal this afternoon. Cisco Systems Inc. Dow Jones Newswires -- February 1, 1999 Options Report: Stock Splits, Earnings Take Center Stage By Steven M. Sears NEW YORK (Dow Jones)--Cisco Systems Inc. and Dell Computer Corp. took center stage Monday in the options market. Traders hungrily bought out-of-the-money call options in anticipation of stocks splits and better than expected earnings reports. The Chicago Board Options Exchange's Market Volatility Index, or VIX, gained 0.26, or 1%, to 26.79 in an otherwise quiet session. Cisco is to report earnings after the close of Tuesday's session. A 2-for-1 stock split is expected. Dell Computer doesn't report earnings until Feb. 16, but traders anticipate it will mimic Microsoft Corp. and Intel Corp. and split its stock. These expectations in both stocks translated into extraordinarily heavy trading volume. Almost 79,000 Cisco options have traded. More than 111,000 Dell options have traded. The most active calls in each class are Cisco's February 115 call and Dell's February 100 call. Cisco's call has gained 2 1/8 to 7 3/8 on volume of 10,706 contracts, compared with open interest of 10,630 contracts. Dell's call has gained 6 3/4 to 13 1/4 on volume of 14,169 contracts, compared with open interest of 12,805 contracts. - By Steven M. Sears; 201-938-5355 Wogger