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Technology Stocks : Optical Cable Corporation - OCCF -- Ignore unavailable to you. Want to Upgrade?

To: REH who wrote (384)	7/2/2002 2:41:14 PM
From: rrufff	Respond to of 449

In this market, I wouldn't go with management that pushes through a reverse split. Unfortunately, it may get to a quarter even before the split given the bear market.

To: REH who wrote (384)	7/30/2002 7:07:56 PM
From: RKHIII	Read Replies (1) \| Respond to of 449

Darn. Shoulda' taken that bet! I keep checking this thing and all I ever see is drip, drip, drip. I doubt they'll be in business by the time they get around to the reverse.

To: REH who wrote (384)	7/30/2002 10:34:53 PM
From: rrufff	Read Replies (2) \| Respond to of 449

Another example of management helping shareholders by killing them. The 50% decline since my post to you was not too hard to predict. Will this company come back? 1/8 reverse split - means stock theoretically now trades for $2. My guess is it will head back close to $1.25-$1.50, which is roughly 15-18 cents pre-reverse-split. Why isn't the company doing anything to bolster the stock? I noticed that even though they did a 1/8 reverse, the authorized shares only came down in half. Perhaps they intend to reward their management team with more shares and options. Wouldn't surprise me.