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Technology Stocks : 25-Day "Buy" Recommendation Pops -- Ignore unavailable to you. Want to Upgrade?

To: Harold Earls who wrote (69)	7/17/1999 11:25:00 AM
From: LTK007	Read Replies (1) \| Respond to of 155

Reverse stock splits are nine out ten times the last action of a dying company before they die. Let's say you have 1,000 shares of a company,and they announce a 1-5 split(reverse split),you then no longer have 1,000 shares,instead you have 200 shares. But price of the stock goes up 5 fold(and then,most often runs back down). In some cases,a company,with some hope reverse splits to avoid delisting when caught below 1 in a crashing market,and they prevail--but this is by far the exception and not the rule.Max90