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Technology Stocks : PLPT: Pulsepoint Communications (previously DGSD)
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To: del clark who wrote (174)1/2/1998 3:45:00 PM
From: Steve Misic  Read Replies (1) of 614
 
Del,

The alternative to a reverse split would be the stock going to $5.00 on it's own. The stock is then marginable, and others will jump in. I'm sure that this is what the company is hoping for since they had to take these drastic refinancing measures to survive. The reverse proposal will then be shelfed at the annual meeting. MSFT needs something from DGSD. MSFT could have partnered with Lucent or any big player, but they went with DGSD. Why? As far as the current number of shares, I laugh about shares outstanding on some of these companies when I see CPQ move $2.00-$3.00 per day on almost a billion shares outstanding.(after this next 2-1 split next week.)

Steve
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