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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (47571)	2/17/1999 9:20:00 AM
From: RealMuLan	Read Replies (1) \| Respond to of 132070

Here is a good analysis about Dell and the general market. Quote: Even the announcement of a 2:1 split was not able to hold up Dell in after hours trading. Last I heard Dell was down as low as $75 (-13 from the close). I heard some rumors that is was down as much as -$17. The stock split ploy is obviously an attempt by Dell to soften the blow. They normally split their stock in the $110-120 range and to announce a split at $88 shows they knew in advance how bad the earnings would hammer the stock price. Splitting again now will put the current outstanding shares at 2.4 bln and make any future earnings surprises and price gains even harder. techstocks.com