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Biotech / Medical : CYPB - Cypress BioScience -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (219)	5/19/1998 10:37:00 AM
From: Jay Lowe	Read Replies (1) \| Respond to of 586

>> a proposal for a reverse split ... I myself don't like the typical price action around reverse splits, but CYPB might not be vulnerable to the problems usually associated with them, since it appears that CYPB is not very "traded". If a split was to appear on the horizon, I would probably look cloely at trading around the split window ... there will be lots of time and warning available, so it's a non-issue at this point. Summary ... the reverse split psychological downside is not a problem if you simply trade around it. Your comments that it would help the stock's visibility are accurate. I'd rather not r-split in June, but wait to cross $5 in the fall.