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Biotech / Medical : CoCensys
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To: RockyBalboa who wrote (179)6/9/1999 9:10:00 AM
From: Anaxagoras  Read Replies (1) of 190
 
Yes, there's now very little money trading this thing. On a day like yesterday probably less than $20,000 was probably done.

<<Another thing would be whether the nasdaq would ask them to do another effort to go over 1, by sending them a letter. ...>>

I don't know how much room there is for another reverse split considering how few shares are currently out, but maybe that just doesn't matter. Anyway, Naz should be lenient with them, I expect, since the company could argue that Naz is in small measure partly responsible for the hit the stock took at a critical time- they halted trading in the security for several days a couple months ago.

Anaxagoras
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