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Technology Stocks : ExperTelligence, Inc. (EXGP)

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To: Madeleine Harrison who wrote (37)1/5/1999 11:11:00 AM
From: MulhollandDrive  Read Replies (1) of 337
 
I have never heard the term "forward split", it's not in the Barrons Dictionary of Finance and Investment Terms. What you have described is a stock split. Period. And like I said before, it is almost unheard of for a stock barely trading out of the single digits to split. You also need to review the SEC filings to see just how many shares have been authorized.

Additionally, since a split just increases the number of shares, it does NOTHING to increase liquidity. Illiquidity is a result of low trading volume, which of course stems from demand. It doesn't matter whether you have a 1 Million share float or a 10 Million share float, if the average daily volume is only ~10K, you ,by definition, have an illiquid stock.

At any rate, I have it on the watch list and will continue to monitor the volume.

Regards,

bp
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