SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: D.J.Smyth who wrote (38544)12/4/1997 8:13:00 PM
From: stock bull   of 58324
 
Another reason for a reverse split is related to Mutual Funds and Institutional Investors. Funds and Institutions normally will not buy stocks that sell for less than 10 dollars. I once had a company that did a 10:1 reverse split. The company is now trading in the 60 dollar range.

Stock Bull
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext