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To: nghi vu who wrote (294)2/5/1998 2:45:00 PM
From: B. Ramsey  Respond to of 402
 
I think the reverse split may become the only option to stay listed and if thats the case then I'm for that. The split may be negative in that it calls a weak stock weak and it may well be followed by another drop in price.

Why are we surprised that it is trading for under a dollar? Looking at the numbers now 70 cents appears good to me. Anything above that would mean buying into the huge growth factor which I'll save for another day.

I'm still long and considering adding to my position. I remember from the conference call that us investors will be rewarded. I'm ready anytime.



To: nghi vu who wrote (294)2/5/1998 4:35:00 PM
From: John Chapman  Read Replies (1) | Respond to of 402
 
nghi vu: You have a good point. Also, since the price is at the bottom now, I do not see how it could fall any more due to negative reverse split reactions. Any fall would be temporary. After that, things would look much better to new investors. The EPS would look much higher and we would have a lot less shares to worry about. I still think there are alternatives and am hoping for that. We will see.