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Biotech / Medical : Antex Biologics (ANTX)
ANTX 1.070-2.3%Nov 26 3:58 PM EST

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To: Joseph Wisnowski who wrote (801)3/31/1998 10:46:00 PM
From: Jim Reome  Read Replies (1) of 1476
 
My past experience with reverse splits have not been that great. I think the key question I have here is why discuss 1 for 4 or 1 for 10. Thats a big difference. My thought is if they have enough news to coincide with the reverse then it will be okay. If they do not have good results on the trials then institutional aspect don't have much clout.

I will need to do some serious thinking on this. This stock has been great to me on the swings. At this time do not agree with reverse. Makes me think that the news forthcoming on trials may not carry enough clout. If it did then reverse would not be discussed.

Not negative, just not convinced and again been through a few and not with good results.

Should be interesting to see how the market reacts in short term. 1 for 4 if they do not react negative. If so it will take 1 for 10 to get 5buck price.

Regards,
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