Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: broke2 who wrote (6350)	5/27/1999 2:36:00 PM
From: vagabond	Read Replies (3) of 108040

Just curious why people seem to automatically think the symbol/name change for VTPI will have a positive effect on the price -- those actions sure DIDN'T do anything for GRPV, which dropped after changing to TXCI and still hasn't recovered. Obviously the two companies themselves (VTPI & GRPV) are different, so different factors are involved. I'm just wondering why folks generally seem to attach a positive connotation to a pending symbol/name change. I've been through that with at least three other stocks in recent months, in fact, and in NONE of those cases did the changes lead to any short-term price-boost. As I said, just curious as to the "psychology" of all this -- have there been a lot of cases where a symbol/name change really HAS helped a stock?... Vagabond

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