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Technology Stocks : Reliability Inc (REAL)
REAL 16.22+4.1%Dec 24 12:59 PM EST

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To: Steve who wrote (131)9/5/1997 9:19:00 PM
From: Alvin Hom   of 542
 
This is a good move for REAL and their shareholders. The spread on REAL is between 3/4 to 1 1/4, making it very hard to doing any real trading on the stock. I sold half of my position at 32 1/2, and was looking to buy it back. But with that huge spread, none of my orders ever got executed. With the stock split, the spread should be reduced to 1/4 to 1/2, which will induce more trading on the stock.

It is interesting that they are splitting the stock just before October earning season. It suggests that REAL management believe they have good earnings for next quarter, thus a stock split should boost price even higher. I think it will test 40 very soon.

Does anybody know the next earning date?

--Alvin
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