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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Bo Le who wrote (17196)12/11/2001 10:17:46 AM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Bo, DVIN's bad acquisitions simply accelerate its cash bleeding problem from increasing operation losses. One other thing to keep in mind. Nasdaq will reinstate the delisting rule on Jan 2. Stocks that trade below $1 for 30 days will be delisted. DVIN will have to do a reverse split. Statistics show that whenever a stock does a reverse split, it'll lose 1/3 of its value in a matter of days.

DVIN to zero in my book.

Regards,

Tom


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