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To: TheNamelessOne who wrote (551)	8/10/1998 3:12:00 PM
From: IPOJunkie	Respond to of 690

Sante, It is very doubtful that we would suffer a reverse split, but anything could happen to get the right structure. Any way you slice it the share price should come out higher than $1 per share or they will have some very upset shareholders. RS

To: TheNamelessOne who wrote (551)	8/11/1998 11:36:00 AM
From: Chloe R	Respond to of 690

Sante, Yes, I wouldn't foresee us going through a reverse split. But if we do it should still give us a better deal for being in the offering. No company is going to do an offering and then give you a public price at parity with the private buy-in price. They'd be no incentive to participate at the earlier stage. Of course, there are no guarantees and it depends on market forces, but I'm pretty confident that we will see a very nice initial bump up in price regardless of how many shares we receive. Clo