Grinders and Gripers Coffee Shop Message Board

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Pastimes : Grinders and Gripers Coffee Shop

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To: The Osprey who wrote (440)	6/29/1998 1:43:00 AM
From: Savant	Read Replies (1) of 4201

Please don't miss my first point, that all reverses are not created equal. Some actually are okay and for valid reasons. You must know your company and why they are doing it...An example of a company in US that is probably okay is IART They did a 1/2 recently. They have cash, they have pages of patents and good management. They are doing it to get institutional buying and stay NASDAQ. (NASDAQ just change the rules for listings) This is just an example, not a rec. On the other hand, this past year a company DMIN ...a real piece of sh.t. no money, no management, no product, did an incredible one for 1,000 and "merged" into DEGA. Screwed the existing share holders royally, I mean big time. Don't want to buy into one like that. So at the risk of sounding like a broken record, (Apex, kick the juke box, will ya?) Do your DD. always.

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