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Technology Stocks : Noise Cancellation Technology (NCTI) -- Ignore unavailable to you. Want to Upgrade?


To: Gone Fishing who wrote (2291)8/27/1998 10:05:00 AM
From: Jon Scott  Read Replies (1) | Respond to of 2775
 
Unfortunately, I suspect NCTI will do a reverse split, if it's already been approved.
Many companies use that as a means of raising capital.
The reverse split often allows the same number of authorized shares- pre-split.
Then the company continues selling shares and raises needed cash for acquisitions.