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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?


To: jan_mike who wrote (72)12/7/1997 7:37:00 PM
From: Russell Gish  Respond to of 3222
 
Reverse splits of greater than 2:1 are of concern to me. I have no problem with a 2:1 reverse split, however whenever reverse split is mentioned it would behoove us all to keep managements feet to the fire. As important as Nasdaq listings can be for small companies it isn't worth squat if they split helter-skelter just to get the listing. This is one issue (split/ratio/price) that needs to be monitored very closely.

I'll be making a token buy tomorrow open and will monitor accordingly for average down or average up. One thing about BB stocks... they definitely challenge my instincts.

Good Luck,
Russ