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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.69+0.1%Nov 19 3:59 PM EST

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To: GST who wrote (130900)9/3/2001 8:16:14 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Has anyone ever heard of a one for ten stock reverse split before? That seems like a lot.

":50am 08/28/01 Ashford.com sets reverse stock split (ASFD) By Steve Gelsi
Ashford.com (ASFD) said it received a shareholder OK for a one-for-ten reverse stock split in a bid to keep its share price above $1 and maintain its Nasdaq listing. The e-tailer said it has lowered spending, divested unprofitable business units and increased its focus on profits. The stock rose 2 cents to 15 cents on Monday. "
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