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Non-Tech : Olympus Ventures (OLPV)
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To: Robert Scott who wrote (357)2/6/1997 9:34:00 AM
From: (Bob) Zumbrunnen   of 485
 
The reason I still plan to get back into this one before the financials is that I expect them to be good news. Anticipation of good financials is the *only* good reason I can think of for the decision to go with the 30:1 split. I think someone expected the company to stay at or above its pre-split levels for a while. Doesn't do a bit of good toward getting listed if the stock stays below $3. And the 30:1 split would've put it at $3 the day it was done. I'd bet they expected that if the split had been done on the 15th, it would've been high enough over $3 to stay there long enough for listing.
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