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

To: Eugene E. Dorsey who wrote (31)	4/3/1998 5:04:00 PM
From: Beltropolis Boy	Read Replies (2) \| Respond to of 35

>Reverse split is that bad? eugene. pretty damn bad. while i won't profess to be the authority on anything, i've only known one instance in which it worked (cf. comverse technology). i'm sure a number of other examples exist, however, it's general investment knowledge that a reverse split is a bad sign. in my opinion, the reverse split is just management's attempt to prop up the price. get isramco noticed, make it appear like a more attractive buy, give it some respect, whatever. it's not the mark of a solid, dynamically growing outfit. and believe me, there are plenty out there. of course, fundamentally, a reverse split does nothing to the balance sheet, just like a 'normal' split (e.g., 2 for 1). once again, my opinion. i just believe there are so many better places to put your hard-earned coin. -chris.