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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Teddy who wrote (9138)	12/30/1997 9:44:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 9285

<< i have never seen a company reverse split and not continue to go down.>> I have been following a company named Cooper (symbol: COO) which was in trouble during the early 90's and reverse split its stock a few years ago 1 for 3. The company has turned around and is up nearly 400% since then and still growing fast. Data Dimensions (DDIM) did a 1 for 10 reverse split a few years ago and the stock skyrocketed splitting later 3 for 1 (granted - on Y2K hype). A reverse split is not always a good shorting indicator.