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To: George Burdell who wrote (20401)2/13/2000 1:23:00 PM
From: jon_ewad  Respond to of 57584
 
George Burdell, Thanks for the reply but please elaborate. As you stated, <but I think the 5 for 1 split isn't realistic. That would take the price down to $5/share, if we doubled in price> Why would that be a bad thing? On the contrary I think more people would be inclined to buy at that price when you consider all that IAAC has going for it. Plus I believe the purpose of the split is to make the stock less volatile and more liquid so that institutional buyers would be attracted to it. Even with a 5 to 1 we're still only talking about a float of 9M. Regards,Wad.

Edit: George, as for your concerns about IAAC having the "aroma" of a penny stock with a share price of $5, I think that they are negligable in that IAAC is listed on the NASDQ which would make it even more desirable at $5/ share. Plus it wouldn't be $5 for long IMHO.