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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (5491)	8/2/2001 11:16:55 AM
From: ferrgus	Respond to of 5541

leroy, I see a reverse split as a distinct possibility in MVEE's future, but only when they're ready to move onto a bigger board. Otherwise, I don't see how it would benefit them.

To: Leroyt who wrote (5491)	8/7/2001 11:43:07 PM
From: Walter Morton	Read Replies (2) \| Respond to of 5541

A buy back is better than a reverse split. If Cataldo has any plans to do right by MVEE shareholders he will do a buy back. A buy back will automatically increase the value of the stock. A reverse split artificially inflates the stock price but creates no shareholder value. In most cases after a reverse split the stock price falls -- reducing shareholder value. A buy back sends a message to the market that the people inside the company think the company's stock is worth buying because they expect a bright future. A reverse split does not send any worm fussy feelings to the market.