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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Kirwin who wrote (182)	2/20/1998 3:33:00 AM
From: Ralph Bergmann	Read Replies (2) \| Respond to of 601

Hi Thomas, I think a reverse split will come if nothing happens within the next two weeks. But the question remains open whether the stock price will be affected or in which direction it will be affected. I am interested how the market will react on FAIR's announcement. There is one thing we should keep in mind: If there is a reverse split for tasa the bookvalue will be 1.5$. Of course there are some stocks which are traded below their bookvalues, but I never saw it with a stock where the outlook was positive. In my opinion the possible negative effect of a reverse split is already included in the current price. If we really fall further I will add my position at 0.5$. I will stay calm. I am a little bit angry about tasa because they have some possibilities to take away uncertainty from the market and I feel that they are behaving a little bit clumsy in this sensible situation. Best regards Ralph!