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Microcap & Penny Stocks : INSP Investors Research -- Ignore unavailable to you. Want to Upgrade?

To: howsmydrivingal who wrote (639)	7/26/2002 9:59:03 AM
From: michaele23	Read Replies (1) \| Respond to of 787

This makes me nervous: InfoSpace, Inc. Announces 1-for-10 Reverse Stock Split cbs.marketwatch.com{28D72F60-A9C7-4FAF-A1DA-D178D5173504}&siteid=mktw&dist=nbs 7/26/2002 8:30:00 AM BELLEVUE, Wash., Jul 26, 2002 (BUSINESS WIRE) -- InfoSpace, Inc. (INSP) , a provider of wireless and Internet software and application services, today announced that its board of directors has approved a 1-for-10 reverse stock split of its outstanding shares. Any opinions on this? My first instinct is to vote no. I think in the long run they are better to be delisted and trade on the small cap for a while rather than go to $6.00 plus a share then fall off again down to $2.00 or less, depending on how it goes. Hey, you can't go much lower than .40 which they were recently, but you can go a lot lower than $4.00. Stock price isn't just based on the number of outstanding shares.