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Technology Stocks : Seeq Technology Coming Back....

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To: Joseph Ziebarth who wrote (584)5/1/1997 3:24:00 PM
From: Bob Sokol   of 2127
 
FYI: I'm long on GENTA (GNTAC) at 70›. When the stock drifted down to under 25› they were notified by NASDAQ that they were in default and would be delisted if they didn't react. They did a 10 for 1 reverse split at 30› (GNTCD = $3.00) and scooted up to $5.00. It has only taken 2 weeks to settle back to 25› ($2.50).
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