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To: Ploni who wrote (7566)7/17/1998 4:52:00 PM
From: craig crawford  Read Replies (2) | Respond to of 10479
 
>> I don't know of a single company that has ever done well following a reverse split <<

There are a few, but your right 95% of the time it spells death for a company. In April 1996 Data Dimensions (DDIM) did a 1 for 3 reverse split in conjunction with a secondary offering. It ran up quite high after that before coming back down.



To: Ploni who wrote (7566)7/17/1998 4:58:00 PM
From: craig crawford  Read Replies (1) | Respond to of 10479
 
>> When I wanted to replace Par as CEO, the stock was around 4 1/8. Now it's well below 3, <<

If you really want to take credit for that you should have announced that you sold at 4 1/8. Then you would at least have some credibility for taking your own advice.


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