Olympus Ventures (OLPV) Message Board

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Non-Tech : Olympus Ventures (OLPV)

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To: David Lee who wrote (313)	1/30/1997 7:49:00 PM
From: Robert Scott	of 485

I've already asked the webmaster to make the change. Hopefully it will be done without further requests. Like everyone else, I was not happy with the sudden reverse split, and I am not too happy with the way the price has continued to go down after the split. Clothing companies can sometimes make very quick turnarounds, and I hope that will be the case, but it may well take a full year of good news about earnings for anyone who bought in below .50 to even come close to breaking even. With the current news coming out (10K and 10Q's) we'll be lucky to get back to $3. This might have to be one of those "tax loss" stocks. If you know of another stock about to take off, it might pay to get out of OVIS now and shift the money to that stock. The profit from the new one may come closer to wiping out the OVIS loss that much sooner. It's not easy to do that though. The instinct to "hold" and "not take a loss" is quite strong. Good luck with whatever your choices.

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