SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ExperTelligence, Inc. (EXGP)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MulhollandDrive who wrote (42)1/5/1999 11:37:00 AM
From: Madeleine Harrison  Read Replies (5) of 337
 
Hi bp,
Sorry it's not in your Barron's reference book.
A lot of market professionals use the term "forward split"
to clearly differentiate it from the dreaded "reverse split,"
as some people often quote the ratios backwards by mistake.

As for the issue of liquidity, I will let the president/CEO
of a multi-million dollar bio-tech company say it again <gg>:

NORTH HOLLYWOOD, Calif.--(BUSINESS WIRE)--April 9, 1998--North American Scientific Inc. (Nasdaq:NASI) Thursday announced that its board of directors approved a 3-for-2 split of its common stock. The stock split will be in the form of a 50 percent stock dividend. Certificates reflecting the additional shares will be distributed on or about April 30, 1998, to stockholders of record on April 20, 1998. The stock dividend will increase the number of shares of common stock outstanding to approximately 6.4 million shares. L. Michael Cutrer, president and chief executive officer, said, "With the recent release of our Iodine-125 brachytherapy sources for treatment of prostate cancer we have seen a significant increase in the trading activity of the company's shares. "The stock split demonstrates our confidence in the continued growth of our company and our desire to enhance the liquidity of trading in North American Scientific shares."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News