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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (8778)	3/4/2002 9:07:03 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 36161

Will I be i in the 80's again LOL.....phew ! that WAS close.. Kastel Message 17137403 BTW added 4500 MNP today on a partial fill @ .10 regards Kastel

To: Frank Pembleton who wrote (8778)	3/4/2002 9:08:31 PM
From: gold$10k	Respond to of 36161

Frank, It is typical for a stock's price to return to the same number sometime after a reverse split. This certainly happened after TVX's last one and I've seen it with others as well. Whether justified or not, selling follows the reverse split as if it were the kiss of death. The last time, TVX more or less had to do it to meet their agreement with the bondholders (who eventually took possession of the company) to maintain a NYSE listing. Now that the bondholders have been paid off in shares, they could just move to the NASDAQ or AMEX and avoid all this bad juju. It makes you wonder what management's true motivation is. Regards, vt