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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: mark garner who wrote (1422)7/20/1999 6:42:00 PM
From: Noneyet  Read Replies (1) of 2891
 
markie, one other thing before I forget. You asked in your post >>>>>>HOW'S YOUR GNET??<<<<<<. I would guess you were looking at the stock price and laughing to your self, correct ??????? You seemed to have missed this minor bit of news !!!!!!!!

biz.yahoo.com
finance.yahoo.com

Now scroll down to:
Jun 24 Jun 25 Go2Net GNET † 2-1

By the way that means a 2 for 1 stock split ( forward split ). Gnet has forward split it's stock twice this year so far. A forward split is not a reverse split such as this;

>>>>>>>>During the year ended June 30, 1994, the Company declared a 1-for-10 reverse stock split. Accordingly, all share and per share information has been retroactively restated to reflect the reverse split. The Company has not declared dividends since its inception.<<<<<<<

Imagine what the share price and the amount of shares outstanding would be today, if that reverse 1 for 10 had not occurred. The share price would be .20 as in twenty cents, and there would be 250,000,000 two hundred and fifty million shares outstanding. Pretty formidable wouldn't you say ???

Now do you have any more questions about how Gnet is doing. You just didn't realize that it had split when you looked at the price, did you.
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