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Microcap & Penny Stocks : TALK -- Ignore unavailable to you. Want to Upgrade?

To: Alfred W. Post who wrote (21)	8/9/2002 7:06:40 AM
From: ChrisJP	Respond to of 55

Hi Alfred -- since most stocks that do a reverse split usually keep heading lower, I'm guessing that a a general rule, people or funds that own a stock planning on doing a reverse split dump it. If you want to see a typical reverse split stock -- take a look at KANA: quote.yahoo.com They did a 1 for 10 last fall. If you bought 10 shares KANA at the height of the bubble -- you paid $1500. Those 10 shares are worth $2 today. In the case of TALK -- with a PE now of about 5, I'm kind of surprised too. Can you check to see if along with the reverse split -- does TALK plan to take advantage of the reduced number of shares to issue more shares (like do a secondary offering ?) That the only reason I can think of, other than the reverse split itself, why the stock would get dumped. I plan to buy more this morning. Regards, Chris

To: Alfred W. Post who wrote (21)	8/9/2002 10:36:53 AM
From: ChrisJP	Read Replies (1) \| Respond to of 55

Welllll I wish I had been there at $1.80 -- but I bought a few thousand more shares at $2.30 anyways. A 1 for 3 reverse split is not the same as a 1 for 10 reverse split done out of fear of de-listing (of to hide the crime of outrageous dilution). Its just a way for funds that can only buy stocks above $5 to be able to load up on TALK. I guess now, all that's left to do is sit back and wait for this thing to hit $6. lol Chris