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Microcap & Penny Stocks : NCTI
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To: Ben Geh who wrote (15)10/31/1997 3:17:00 PM
From: Heber C. Pierce  Read Replies (1) of 21
 
Ben,
It would seem to me that having 131 Million shares outstanding would put a serious damper on any strong stock moves. the stock price appears to be moving ahead of fair value based solely on Hype. They appear to have a neat product but I wonder what a correct valuation of the company really is. Although reverse splits are not looked on favorably, it is a way to reduce the number of shares and increase the likelyhood of future splits when the product gains better acceptance.
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