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To: Gary Green who wrote (9595)	3/16/1998 7:32:00 PM
From: Michael L	Respond to of 12454

<Second, the institutional investors have said there are too many shares issued for a company of this size, and therefore, they want the shares reduced.> That's all well and good, but the company is also authorized to issue more shares with the reverse split. And if they go through with the new shares as they have been doing all along, we would be right back where we started with the float. Of course everyone would own that many less shares, and who knows what the price would be. Mike

To: Gary Green who wrote (9595)	3/16/1998 7:32:00 PM
From: charles j. aaron	Read Replies (1) \| Respond to of 12454

A reverse split is possible if the stock price does not trade at or above 1.00 for 10 consecutive trading days. However, I don't think you will see it until around the first of May. May 23 is the cutoff. How would everyone like to see a positive 7-8 million 4th quarter versus a 7-8 million loss for the same period a year ago??? Watch and wait...

To: Gary Green who wrote (9595)	3/16/1998 10:46:00 PM
From: BANCHEE	Respond to of 12454

Gary This up and coming 10K and 10Q is becoming so important.It's like waiting for your child to be born. We talk and talk (which is good)to help past time. 15 days to go. It's getting to be nuts. I have other stocks that I watch but don't worry about. This little sucker, you can't turn your back on. Anyway I agree with the defense thing, but would it not be better to grow your co with earnings and revs and let the stock price take care of its self. If this co produces what we THINK it is capable of doing, it should move and be notices by the street very quickly.I'm not sure about this but a 1 for 10 would give us about 15 mil. Sounds kind of small. I like stock over 30 mil shares. Well,lets hope they don't. I too saw a profit for a while to day. Looked good reguards Banchee

To: Gary Green who wrote (9595)	3/16/1998 10:50:00 PM
From: Stan Price	Respond to of 12454

Gary, Good point about the reduction of shares. I know some would interpret this as a "reloading" of the printing press but I feel it's a new beginning. I also sense that some feel that Bohemia will do the reverse, then go on the circuit parading their 5-10 dollar stock to unsuspecting fund managers who will slam the door in their face. My impression is that there are already institutions who are waiting for the reverse to initiate their positions, and are possibly already buying knowing the reverse is coming. All this is just my opinion of course.