PHCM..actually it was great. I reshorted and re-covered and got an extra four points, covered everything a while ago. PHCM is worth the effort of 'getting to know it'. Phone.com Announces 2 for 1 Stock Split.. This one you have to play for 10-12 point shorts and 10-20 points long or you can get killed. I gave up trying to go short for the long haul, there just is no long haul.
REDWOOD CITY, Calif., Oct. 18 /PRNewswire/ -- Phone.com, Inc. (Nasdaq: PHCM - news) today announced that its board of directors has approved a two-for-one split of its common stock. Stockholders on the record date of October 29, 1999 will be entitled to receive one additional share for every share they hold on that date. The new shares are expected to be issued by the company's transfer agent, U.S. Stock Transfer Corporation, on or about November 12, 1999.
Phone.com, Inc. is a leading provider of software that enables the delivery of Internet-based services to mass-market wireless telephones. Using its software, wireless subscribers have access to Internet- and corporate intranet-based services, including E-mail, news, stocks, weather, travel and sports. In addition, subscribers have access via their wireless telephones to network operators' intranet-based telephony services, which may include over-the-air activation, call management, billing history information, pricing plan subscription and voice message management. Phone.com is headquartered in Silicon Valley, California and has regional offices in London and Tokyo. Visit phone.com for more information. |
