RANYD, Randgold, new symbol, time for a new thread. Message Board

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Gold/Mining/Energy : RANYD, Randgold, new symbol, time for a new thread.

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To: Probart who wrote ()	11/9/1998 1:02:00 PM
From: Dan P	Read Replies (2) of 7

Probart: Schwab insists that it is a 1 for 3 reverse split. I find this confusing, until we get definite announcement from the company. At $1.75 price, I can't see how the reverse split of 7 for 10 would work, since based on Friday's price of around .80, a 7 for 10 would place the stock at $1.14. I don't see any reason why the stock should have gone up, especially in this soft gold market. A reverse split usually leads many investors to "split". Forgive the pun. I also have never had a good experience with reverse splits, but certainly the value is still there. We need the input of those in the know. Regards Dan

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