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Biotech / Medical : URMD -- Huge market potential -- Ignore unavailable to you. Want to Upgrade?


To: Chris Odom who wrote (255)4/4/1998 3:52:00 AM
From: J. Chayo  Respond to of 369
 
Does anyone know when this reverse split is suppose to take place?
Thanks
Jan



To: Chris Odom who wrote (255)4/4/1998 8:01:00 AM
From: Bosco  Read Replies (1) | Respond to of 369
 
Dear Chris - you sez "The stock will probably sink right back down to current levels, after the reverse split."

That's what I am afraid of. However, I do think that it is a temporary situation, most likely done to shake out the small guys like me - unless the co starts to issue more shares to repeat the cycle of dilution all over again. Of course, it may not have a choice, since it may be obligated to issue more shares if and when the convertible holders [if there are still some left] choose to convert.

rgds Bosco