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Technology Stocks : Broadwing Inc. -- Ignore unavailable to you. Want to Upgrade?

To: weightlifter who wrote (254)	2/1/2005 2:37:20 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 4245

60.7 mil moneycentral.msn.com Sorry, my bad. Point taken!...still a small float. That's why the bid busters have been having some success. Usually works both ways? Payback is a bitch! Patiently waiting for the dog to run!<g> P/S still a good ratio.

To: weightlifter who wrote (254)	2/1/2005 5:12:28 PM
From: MJ	Read Replies (1) \| Respond to of 4245

I have been thinking about the whole business with this reverse split. A 3 for 1 rev. split----reduces the number of shares available and increases the price of the stock from pennies to a higher level. Theoretically making it more attractive with a smaller float of stock and increases the gain per share or reduces the loss per share. The stock has a run up after the rev. split. Some stockholders wisely sell on the run up. The company takes advantage of the runup to do a new issues-----possibly in the plans before the reverse split. As the stock moves higher the Company issues more stock----making a deal with the buyers of the new stock. The stock now has more shares and the price falls due to the dilution. Shareholders who got the post split shares do not share in the new issue of stock----the price of the stock declines. For the company with the additional stock, profits per share decrease or a loss decreases as it is spread across a larger no. of shares. And, the company receives new funding. Question then becomes-----will the stock fall to the pre reverse split value of a 1.00 or will it rise like a phoenix out of the ashes? Wonder what their plans are now for this company----certainly the public stockholders have no say in this. mj