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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (23140)8/9/2000 2:37:46 PM
From: pekkles  Respond to of 25711
 
Joe,

Excellent point and observation. A great buy pre and post split.



To: Joe Copia who wrote (23140)8/9/2000 2:51:19 PM
From: DuGen  Read Replies (2) | Respond to of 25711
 
I am totally confused. This is a 7 for 1 forward split, correct? If it is a forward split you divid by 7, not mutiply by 7. In a reverse split you would multiply and I don't think this is an RS. That $1.25 a share will turn into about .18 after the split. Maybe I'm wrong 'cuz ain't totally sure about this.

DuGen



To: Joe Copia who wrote (23140)8/9/2000 2:55:15 PM
From: Erik Lundby  Read Replies (1) | Respond to of 25711
 
The problem is that the 52 week low gets divided by 7 to so you would have a split adjusted 52 week low of $.035. $0.18 will not esatablish a new 52 week low.

Erik


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