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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: IEarnedIt who wrote (22086)	4/26/2000 8:27:00 AM
From: Joe Copia	Read Replies (1) of 25711

THREAD ALERT: MEHO FORWARD SPLIT NEWS Wednesday April 26, 8:02 am Eastern Time Meridian Holdings mulls stock split, other options LOS ANGELES, April 26 (Reuters) - Meridian Holdings Inc.'s (OTC BB:MEHO.OB - news) board is considering several options including a stock split after shareholder concerns about the stock's liquidity, the company said on Wednesday. Meridian, which focuses on acquiring companies involved in business-to-business electronic commerce, currently has about 31 million shares of outstanding common stock and has about 307,000 shares in the public float. The board is expected to evaluate the various alternatives and make its determination within the next 30 days, it said. Shares of Meridian, which started trading on Aug. 30, 1999 at 1/8 and hit a high of eight per share on Dec 30, 1999, have traded at around one in recent weeks and closed at 1-1/8 on Tuesday.

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