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Microcap & Penny Stocks : DGIV -- Good Prospects? -- Ignore unavailable to you. Want to Upgrade?


To: Mark S. Schroeder who wrote (6875)4/24/1998 10:12:00 AM
From: macker  Respond to of 7703
 
you dont want to go back to 5 dollar a share level after a split the perception isnt good. you will not see a split till we get into the 20-25-30 dollar range, and that split will not happen with a least 4-5 million shares remaining in the float after the split, again you dont want huge volatility with daytraders, shorts, or even fund guys. i predict a 3-1 split from around 15 million shares give or take, leaving that 4-5 million in float, jimmy will keep a small float to keep a tight reign on company, this way if dgiv ever needed to announce another buyback to support stock, the amount of shares needed to be bough back to prop up the stock would be fewer, we want dgiv money out there investing and acquireing, not buyin g back its own shares.

macker