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To: Double Dipper who wrote (15422)5/6/1998 7:34:00 PM
From: Freddie Forte  Read Replies (4) | Respond to of 27968
 
The problem is we will still be on the BB. I do not like this new move by Ira at all. Call it what you like, sugar coat it all you want, couch it to sound rosy, This would be a reverse split on the BB.
OUCH,OUCH,OUCH. Don't confuse this with the ATXI situation. That was different. That would have been a good move since Nasdaq was the carrot dangling in our faces. THERE IS NO GUARANTEE that Nasdaq will be attained through this move. No guarantee. This is too big a risk.
So then what happens. We reverse and guess what ? We're still on the frigging BB with less shares and the same goddamn MM's shorting the hell out of us. What's to stop them ? They'll short us till we puke.
This move is way too risky for my tastes. I do not agree at all with Ira here. You'll have a 2.00 stock on the BB with less shares and the same blood sucking MM's we've grown to love. Fundamentals won't matter on this exchange as is evident to most of us. This is not a good move. Grow the company naturally, stop printing shares, and build a foundation of strong quarters that will eventually reflect the true worth of this company. Enough with the gimmicks, already.

Freddie.....lighting up...