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Microcap & Penny Stocks : International Internet (IINN)
IINN 0.900+0.2%Dec 31 3:59 PM EST

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To: Marshall who wrote (640)12/16/1999 10:06:00 AM
From: MakeMoney  Read Replies (1) of 746
 
To "Marshall". What you are talking about is a REVERSE STOCK SPLIT and - Yes - you're right - that is exactly what (UNfortunately) i believe is going to be happening to this stock. that is also precisely why i want absolutely nothing to do with this stock - NO WAY!! reverse stock splits simply never work-out the way that they are intended to - NEVER. Yes - the stock price goes up in proportion to the size of the reverse. HOWEVER - then the stock price almost always DRIFTS RIGHT BACK DOWN to where it was BEFORE the reverse stock split ever took place. actually - sometimes the stock price even drifts back down to a LOWER stock price then it was before the reverse stock split ever took place - OUCH!! HAY - thanks but NO THANKS!! take care.
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