WOWS --> 25:1 FORWARD split just announced Message Board

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Microcap & Penny Stocks : WOWS --> 25:1 FORWARD split just announced

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To: Doc Horror who wrote (23)	5/5/1999 9:52:00 PM
From: Michael Graham	Read Replies (1) of 78

I don't know if this will take off like ININ. ININ's price was around $1.50 when buying started to come in. This was very different than most penny stock plays. The price is currently about 1000% higher now (split adjusted). But I don't know why it is so high. ININ has about 760 million shares O/S at a price of .17 which gives them a market cap of about $130,000,000. Way over valued IMO. This stock will go down to about .30 (based on the current price) and they will have about 160,000,000 shares O/S for a market cap of $50,000,000. Also over priced IMO. This split is more like SOWK which did a 4 for 1 split. The stock went up and then down pretty quickly. By the time everyone got their shares (if they got them - some confusion their I think) the price was around the pre-split price. Who knows, this could go up 500% in a couple of days. It's risky. Keep your eyes open. Mike

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