Access Pharmaceutical (AXCS) Message Board

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Biotech / Medical : Access Pharmaceutical (AXCS)

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To: priceguy who wrote (25)	4/6/1998 2:20:00 AM
From: Lawrence Burg	of 68

They've done it before, as Chemex. Although as I remember, it had no effect on the price; a reverse split and then a share dividend to return the outstanding shares to the original...would have to go back through my notes...oops, forgot they went out in the trash. General rule, I believe is to stay away from reverses if the company has no revenue. If AXCS does a reverse, you should be able to pick it up as a bargain when the post reverse price starts to erode. Me? wouldn't touch AXCS now even ont he rumor. BTW, in the merger meeting a few years back, management was emphatically petitioned by the shareholders present not to do a reverse. They agreed. Oh well...

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