Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Bill Purcell who wrote (7802)	3/24/1998 3:06:00 AM
From: Stuart Lloyd	Read Replies (1) \| Respond to of 27968

Regarding ATXI: It traded from Jan 97 through early December 1997 in a range close to $2.40 per share. In fact, that figure is close to the rolling average for those same dates. In December when they announced the dreaded reverse split, it dropped to $1.30 then climbed to its current price of $1.625 ATXI could justify a valuation of $2.40 to FAMH (4x) based on the logic that a reverse split is simply an accounting move, and that's the main reason for the recent drop in price. Of course we all know better about reverse splits. Regardless, ATXI will see $2.40 by lunchtime tomorrow. It only traded 2,000 shares today. SL MELVETICUS: Don't be so rude.