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To: lostmymoney who wrote (876)8/18/1999 5:27:00 PM
From: SnakeInATuxedo  Respond to of 904
 
Depending on the value of the stock at the time of the reverse, the post-split price will be somewhere between $0.00 and maybe $0.75 tops. Then, they pass out the Green Stamps to this other company's shareholders, which will leave just over 20 million shares outstanding at the post-split price, meaning the newly minted Company with this probably-already-obsolete search engine idea will be worth about $15 million if the $0.75 price holds, which it won't of course, so it's see you back at a dime, and B.O.H.I.C.A.*

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* (B)end (O)ver (H)ere (I)t (C)omes (A)gain



To: lostmymoney who wrote (876)8/18/1999 10:16:00 PM
From: stockid  Read Replies (1) | Respond to of 904
 
I sold my remaining shares that I had from back in the day. A reverse split is murder. 25 to 1 wholly molly get out while you can.

SK