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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (14970)	4/6/2001 10:46:03 PM
From: TEDennis	Respond to of 15094

re: "Awful quiet around here when it jumps 21% " Sure is. In fact, it's exactly the same level of quiet as when it drops 10%. Funny how that works. TED

To: Captain Jack who wrote (14970)	4/6/2001 10:47:31 PM
From: TEDennis	Respond to of 15094

and ... not a single comment about the reverse split they announced? I'm beginning to think that nobody cares. How sad. At least a couple of years ago when we were discussing the relative merits of trading versus investing, there was some activity on this thread. Now, it's quiet as a library in here. But, no books. TED ********** Thursday April 5, 9:01 am Eastern Time Press Release SOURCE: Healthcare.com Corporation Healthcare.com Announces Reverse Stock Split MARIETTA, Ga., April 5 /PRNewswire/ -- Healthcare.com Corporation (Nasdaq: HCDC - news), a leading healthcare integration software and services company, today announced that its Board of Directors has voted to recommend to the Company's shareholders a proposal to effect a reverse stock split of the Company's common stock. The Company intends to submit the proposal to the Healthcare.com shareholders for approval at the annual shareholders' meeting on May 11, 2001. If approved by Healthcare.com shareholders, the reverse stock split will optimize the Company's capital structure and reduce the number of common shares outstanding. The exchange ratio, to be determined at a later date, will range from one-for-three shares to one-for-five shares. The Company will issue shareholders new share certificates. No fractional shares of common stock will be issued as a result of the reverse stock split. Each holder of common stock who, as a result of the reverse stock split, would otherwise receive a fractional share of common stock will be entitled to an equivalent amount of cash in lieu of fractional shares. There are 50 million shares authorized under the articles of incorporation, 28,167,013 of which have been issued and were outstanding as of March 21, 2001. ``The Company expects to meet analysts' expectations for first quarter 2001. We felt that this action would benefit our shareholders by improving Healthcare.com's appeal to a broader range of investors and analysts,'' said Robert Murrie, Healthcare.com president and CEO. ``We believe it will eventually assist in increasing shareholder value.'' biz.yahoo.com