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Politics : Ask Michael Burke

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To: Joan Osland Graffius who wrote (97631)	10/5/2002 2:11:04 PM
From: Don Lloyd	Read Replies (1) of 132070

Joan, Does anyone on this thread understand why the management of these companies that have cracked $10 a share do not reverse split the stocks. ... It would be taken as a lack of confidence, as well as an impediment for bargain hunters who might bite on the stock in single digits, but not at 20. If management thought that the stock had become severely undervalued, they would be buying back stock for the company and buying personal shares as well, not reverse splitting. Regards, Don

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