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Strategies & Market Trends : NTST Netsmart Technologies, Inc.
NTST 18.35+0.9%Nov 7 9:30 AM EST

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To: Alan Boyd who wrote (155)9/16/1998 5:21:00 PM
From: campe  Read Replies (1) of 241
 
So, does this mean that the O/S count is now at 2.78M? And, if Joe Copia's float of 2.6M pre-split was correct, it now puts the float at 870,000!

Their 2nd Qtr numbers indicated they are returning to profits yet it continues to beaten up. Anyone have any clue as to what is really going on?

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biz.yahoo.com

Tuesday September 15, 4:40 pm Eastern Time

Netsmart adopts one-for-three stock split

ISLIP, N.Y., Sept 15 (Reuters) - Software developer Netsmart Technologies Inc. said Tuesday its shareholders had approved a one-for-three reverse split of its common stock.

Netsmart said in a statement the reverse split of its 8.33 million shares would become effective on September 14.

Its stock, which is trading under the symbol ''NTSTD'' for the next 20 ays rather than the usual ''NTST'' on the Nasdaq market, ended 3/16 higher at 3/4.
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