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Technology Stocks : CCGI: ComTech Consolidated
CCGI 8.510-3.3%Feb 13 4:00 PM EST

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To: Chris Pensinger who wrote (2)4/7/1998 11:33:00 AM
From: (Bob) Zumbrunnen  Read Replies (1) of 394
 
From 9/17/97 PR:

If the market price as of last Friday was $9.50 per share, as a
result of the 2 for 1 forward split the market price will now reflect the price as $4.25 as shareholders now have 2 shares for each share held (the same combined market value).''


Anyone else see the math error in this one?

BTW, some links:

Home page:
ccg.net

Financial Info
ccg.net
(I've left messages with IR and the TA)

I did just talk with Don Brown (Exec VP) and asked him the only question I really care much about at this point: "When do you expect to become a reporting company?" His answer was that the 97 financials are currently being worked on and it is expected they'll file them within the next 30-45 days.

There's a form at ccg.net which I'm filling out right now for more info. Aside from that, my DD stops now until I receive feedback from them on that form. I'll just hang tight, neither buying nor selling until some more time has passed.

Interesting that my only two remaining BB holdings are both in "waiting for financials" status (CCGI and ARET). Hope CCGI doesn't become an ARET in that respect....
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