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Biotech / Medical : Fountain Pharmaceuticals (FPHI)

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To: Mark Fisner who wrote ()11/10/1997 9:08:00 AM
From: Courtney Willfore  Read Replies (1) of 78
 
Mark - I noticed that the 1:20 reverse split is about to occur (10/28 EDGAR filing). This will bring the # of shares to about 2-3 mil and the share price to about $3.00 (where NASDAQ small cap listing, according to the Company, is more likely). How do you interpret this? Seems like the spin could go either way. I wonder if anyone knows, on an historical basis, how stocks perform following a reverse split.CW
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