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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Moran who wrote (1373)5/24/1998 12:18:00 PM
From: cool  Read Replies (1) | Respond to of 2911
 
I view a reverse split combined with a shareholders rights plan as a positive step as it will reduce outstanding shares, insure Nasdaq listing, make the stock more visabile and less subject to MM games.



To: Mike Moran who wrote (1373)5/24/1998 6:06:00 PM
From: Mary A Young  Respond to of 2911
 
Hello Mike and all:

Just to piggy-back a couple of thoughts.....the reverse split issue is a definite last resort, I was told. More like the last bullet that can be fired. Therefore, after reading that poorly written proxy, I did send mine in to authorize it as I didn't want to see the Board's hands tied up to where they could not act. Yeah, you are right, those kinds of things always do pass the shareholders authority.

And I agree with you that news of the faster payout on the Banyan buyout could rally the stock IF we have a better written news release than this last one was. Because so many were thirsting for news, it was generally met with welcome as being better than nothing. But frankly, for me, it read more with the excitement of a mutual fund prospectus. And that doesn't necessarily move a stock as we all saw.

I'm not sure in whose lap the responsibility for that lies, but I hope they learned something from that last one.

Have a great rest of the weekend.....



To: Mike Moran who wrote (1373)5/25/1998 1:03:00 PM
From: musicguy  Respond to of 2911
 
"Is any of this going to happen? Is there going to be more selling when the stock opens Tuesday? Ask
musicguy...."

Yes there will be more selling, but not by me... yet

MG