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Non-Tech : InvestRight Club Challenge

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To: Francois Goelo who wrote (1120)	3/25/1999 7:13:00 PM
From: R F B, Jr.	of 2662

Francois : My brief post was not to express my sentiment or belief on MDIH (or any other individual stock for that matter). What you say may in fact unfold. I'm merely stating that imo most investors are not seasoned and investment ideas are like noses (you know, ...everyboby has one). The market from my limited knowledge tends to allways react to the extreme. If only seasoned investors fueled the market, surely this would not occur. Even seasoned investors make mistakes as well. Hope you are correct in your assumptions for your own sake. I've had no luck and have seen nothing positive happen after a reverse split. Regards, RFB Second Thoughts: Can't visualize the charts from the article you mentioned, but it seems to me that there may have been a short lived spike in the stock price of many of the stocks that did a reverse split. After that time the stocks seemed to settle down at or below the pre-split price. From the standpoint of a 'long', wouldn't one rather wait till the stock settled in before buying? 10K shares @ 1/4 could turn into 1K shares at 3/16 before you know what hit you.

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