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

To: michaele23 who wrote (640)	7/26/2002 10:18:11 AM
From: howsmydrivingal	Respond to of 787

Re: Delisting vs RS by: howsmydrivingal 07/26/02 10:12 am Msg: 419528 of 419537 I do not agree with your opinion. A reverse split to bring total shares down to 30.9 million makes a lot of sense. Fund managers do not touch a stock below 5 dollars a share, known as penny stocks. INSP split way too many times during the bubble. Sure ultimately management must have known the company was not worth those valuations (but then again everybody was paying over top dollar for the future promises). Anyway, INSP would have a hard time going anywhere with 129 million in revenues per year and 309 million outstanding shares. Now for instance, with 30.9 million outstanding shares a PayPal type of valuation of 1.5 billion means an INSP price of over $48.00 per share. Not saying INSP = PayPal, but you get the idea. Even a billion dollar market cap makes a share price of over $32.00 with only 30.9 million outstanding shares. messages.yahoo.com