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Non-Tech : Frederick Brewing - Blue Ridge beer (BLUE)
BLUE 4.9700.0%Jun 2 5:00 PM EST
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To: Andrew who wrote (331)4/21/1999 7:58:00 PM
From: Will Gamble  Read Replies (1) of 354
 
Must have hit the wrong key. What I
had in mind was what a longshot BLUED
is after the 1 for 10. I flunked math in school, so I may be confused about this:

The IPO price of BLUE was $6. per sh.
10,000 sh @ $6.= $60,000 (+ comm.)

After 1 for 10 reverse 10,000 sh.= 1,000 sh.
BLUED closed today @ 0.50 $500. per 1,000
So, the stock that sold on I.P.O cost
120 times what it was worth today.

I have been a buyer of the post split shs.

This is a good bet even if you lose IMHO.

Best regards to all - Will
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