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To: Jim Bishop who wrote (1249)4/13/2000 8:04:00 PM
From: Nutty Buddy  Respond to of 2005
 
I thought stocks over $50 do splits, not $6 stocks. I guess a company has a right to split whenever they want. Many small companies would kill to get a double digit valuation just to possibly get on some analyst's/broker's radar screen. Maybe there is some reverse psychology to this approach?



To: Jim Bishop who wrote (1249)4/13/2000 8:56:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 2005
 
Jim, I disagree. The split was announced just before a solid week of great PR's that should have taken the stock to new highs, had the broader market not tanked.

The only consolation I can offer you is, I got personally hammered this week in this stock. Also, the CEO and insiders lost more money on paper this week than anyone else in the world.

IC (still long TRAC)


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