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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (45374)5/1/2000 4:28:00 PM
From: Bidder  Respond to of 150070
 
Ok! They are just talking about it now!Wednesday April 26, 8:02 am Eastern Time
Meridian Holdings mulls stock split, other options
LOS ANGELES, April 26 (Reuters) - Meridian Holdings Inc.'s (OTC BB:MEHO.OB - news) board is considering several options including a stock split after shareholder concerns about the stock's liquidity, the company said on Wednesday.

Meridian, which focuses on acquiring companies involved in business-to-business electronic commerce, currently has about 31 million shares of outstanding common stock and has about 307,000 shares in the public float.

The board is expected to evaluate the various alternatives and make its determination within the next 30 days, it said.

Shares of Meridian, which started trading on Aug. 30, 1999 at 1/8 and hit a high of eight per share on Dec 30, 1999, have traded at around one in recent weeks and closed at 1-1/8 on Tuesday.

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More Quotes and News: Meridian Holdings Inc (OTC BB:MEHO.OB - news)
Related News Categories: IPOs, US Market News



To: SSP who wrote (45374)5/1/2000 4:40:00 PM
From: Bidder  Read Replies (1) | Respond to of 150070
 
SSP & others! By the way, I am taking a count of how many shares of MEHO are being held by investors on the RB board. If any one here is in MEHO & would care to share their holdings info I would greatly appreciate it! There is only 307,000 in the float & right now the total of longs on RB is 82,450 shares. About 27% of the float! TIA, Bidder



To: SSP who wrote (45374)5/1/2000 4:48:00 PM
From: Jim Bishop  Read Replies (3) | Respond to of 150070
 
Friday as you know, I bit the bullet, and bailed on 7 I was holding long.

Right decision I'd say...every one of them closed even lower today.