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Technology Stocks : mxmxd

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To: Nicholas Orlandi who wrote ()12/6/1998 9:06:00 PM
From: STEVE SAMEULS  Read Replies (1) of 21
 
Thanks for starting the thread with the current symbol.

What's your take on the split? I'm confused to what they think the benefit is when they have plenty of shares authorized. Shareholder's are only going to loose more value as they continue to issue post split? I see the price heading south as they issue to the teens, which means presplit we would be about one cent. I guess this is the only way they could get ANY money for the shares they want to issue? Presplit issuance might have sold for more than two cents?
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