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Microcap & Penny Stocks : FINGER/MATRIX (FINX)

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To: J L Segal who wrote (498)6/1/1999 10:49:00 AM
From: Linda Kaplan  Read Replies (1) of 543
 
JL: Reverse splits are usually very bad on the short term, but this was no short term investment for me! I've been in it over a decade and I don't want to run scared about a reverse split when there seem to finally be some very good things happening for the company.

The stock has moved up from a few cents to .45 as of today and I'm hoping this is just the beginning. I'd bet, if the stock gets to over 1 and holds there, the company might reconsider that reverse split.

One of my other long terms holds, even longer than FINX, moved up to over 1 on Friday and to 1-5/8 today so far. They had approval for a reverse split but they aren't going to need it and it seems they will not do it.

Whether they do it or not, if they have something good going on, I think they may continue to move ahead very nicely. I hope so, anyway! It's looking like it might break 1/2 today.

I don't think you should keep pushing the point about the reverse split so hard. You're out of the stock yourself now and shouldn't need justification. Why not leave it behind you?

Linda
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