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To: Beltropolis Boy who wrote (32)4/24/1998 4:53:00 PM
From: Eugene E. Dorsey  Respond to of 35
 
Chris I've checked and checked seems you are right over 90% of the time it is bad. I can only hope these guys hit oil. Thanks for your comments, heard any news lately?



To: Beltropolis Boy who wrote (32)4/24/1998 5:12:00 PM
From: Martin Olsen  Read Replies (1) | Respond to of 35
 
I imagine that since so many companies are reversing in order to
stay listed on the NAZ, the usual drops won't be as severe or long lasting.

Two examples of stocks which recently reversed :

Radius (RDUS) Reversed at just under .30 (1:10), now over $4.

Computer Concepts, reversed at about .40, (1:10), now at $7.

Radius did drop to about $2.30 but only for a short while.

IMHO, the reverse split will have far, far less to do with the
stock price a year from now compared to whether or not they can
generate some economic discoveries!

-M