You are correct. The reverse split was in October/November of 1996 and was 1 for 7. The subject of a reverse split has not come up since except for assurances by the company that they were not considering any reverse splits. So, let's not even bring up that unpleasant subject unless we have reason for concern which, at this time, we do not!
Insofar as the annual meeting, l have no idea when it will be held. I have asked the company but no plans have yet been made. The last annual meeting was in February so, as much as it would be nice to have it before the end of the year, it does not look like it will happen. More likely sometime after the first of the year. If anyone knows anything different, kindly enlighten us.
I agree ... $1.80 would be nice; but I am looking for much higher prices. Of course, I have a longer time frame in mind. But with all the new clients coming on, and some of these contracts (like GTE and AT&T) are huge ... I have no idea what the potential can be. However, $1.80 seems like nothing when you take into consideration companies like MCI (which can be as big, if not bigger, than GTE). But as with most things, nothing happens overnight. I would think this company can be at $5 within a few years (but hopefully much, much sooner).
I look forward to meeting a lot of my fellow SI members at the meeting. It certainly will be nice to put faces to the names. I met very few at the last meeting (like John Baker and B. Gavlick) ... but are most appreciative of their input as they are better informed than I when it comes to p/e's and price projections. |
