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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: Poweruser who wrote (4440)	7/15/1998 9:10:00 AM
From: DDS-OMS	Read Replies (1) \| Respond to of 6467

There are always exceptions, but the majority fall rapidly, probably because they are shakey companies anyway. A thriving company usually won't have any reason to do a reverse split.

To: Poweruser who wrote (4440)	7/15/1998 9:15:00 AM
From: Zeev Hed	Respond to of 6467

Poweruser, I think Gary is right and in 95% of the times the price does drop dramatically post a reverse split. It could very well be due to the liquidation of "uneven" positions and partial shares. Of course, a reverse split is also an indication of a stock that has been under pressure for some time, and that add to the cause mentioned above. Zeev

To: Poweruser who wrote (4440)	7/15/1998 9:22:00 AM
From: monu	Respond to of 6467

There is no reason that ttrif should have to issue a reverse split. If they are anything like they claim to be, the financing in itself should bring the stock over 1. Investors look at the fundamentals of a company and why they reverse. Sometimes the stock does go up in spite of the split but only if it is a viable company. Is Thermo Tech? My guess is that if they have to reverse, then it means they still didn't get the financing (and we're talking about a good 90 days from now) and then it doesn't matter if they reverse or not because they will have crossed the line as to their legitimacy.