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Technology Stocks : Optical Cable Corporation - OCCF

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To: REH who started this subject6/25/2002 10:31:47 AM
From: REH   of 449
 
Thoughts on the Reverse Split
by: shakyshingle
Long-Term Sentiment: Strong Buy 06/25/02 10:27 am
Msg: 21249 of 21249

a. Must be approved by shareholders on July 30th - it'll probably get approved
b. Above $ 3.00 the stock is 25% marginable
c. Above $ 5.00 the stock is 50% marginable
d. Remains a small cap stock - i.e. remains on the institutional radar
e. When the stock becomes marginable the selling should decrease since most shareholders will hang on to marginable shares these days (and sell the non-marginable in a down-market).

Bottom line is probably positive even though there's a negative psychological effect. Volume the next 30 days will be key
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