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Microcap & Penny Stocks : IMDS nasdaq bulletin board -- Ignore unavailable to you. Want to Upgrade?

To: thomas who wrote (1571)	8/5/1998 9:54:00 AM
From: R. Dolan	Read Replies (1) \| Respond to of 4122

Reverse Split? Absolutely, when the dust settles of course. My guess would be at least 10 to 1, maybe more. That will probably only get the value of a share back into the 50-75 cent range by then. It would be foolish for this company to do anything positive development-wise while this is going on, because what reasonable institution would invest in a start-up with 50-100 mil shares outstanding even if they had a good product? They won't invest in a company with a reverse split in the future, even if the price recovers somewhat due to fantastic (and verifiable) news. Feeling lucky I've only watched this one the last 18 months. Good luck, Rick