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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (97629)	10/5/2002 1:47:52 PM
From: Joan Osland Graffius	Read Replies (2) of 132070

Does anyone on this thread understand why the management of these companies that have cracked $10 a share do not reverse split the stocks. IMO, this is just an accounting issue and if management believe in their companies survival and wanted some of these mutual fund companies to support the stocks it would behoove them to keep the stock price at a level where they could be owned. My understanding is some of the mutual funds do not or can not own stocks that are under $10 per share. I have been surprised that Scott McNealy from Sun has not taken the lead, since he seems to be a realist. Did you see his comment that he hoped we would drop the over supply of servers on Iraq during the upcoming war. <g> I like this guy and hope he can lead the company to be one of the survivors of this mess. I know nice guys do not always finish.

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