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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: G who wrote (2431)	1/12/1998 6:08:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 4276

BARAKA, A reverse split would'nt be put to a shareholder vote,directors would make that dicision(and obviously did<g>) As to your prediction,we're batting at the same park..Markets are getting ripped in Asia and Europe,not the best day to begin trading after a reverse. Although,I disagree W/some that these types of split are always bad. If a company has strong growth in business and earnings,it can be very profitable-especially if it drops,allowing to purchase at cheaper prices,and recovers-which is the case many times..Watchout today,strap yourself in,the markets going for a fast ride..DD