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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc -- Ignore unavailable to you. Want to Upgrade?

To: William A. Stewart who wrote (745)	10/20/1998 4:42:00 PM
From: LPasko	Read Replies (1) \| Respond to of 1702

William, a reverse split would mean fewer shares, not more. The goal is to raise the share price, although often this doesn't work because investors often panic sell after a reverse split. Now for something completely different: Has anyone noticed that the bid on ROTI is 28 cents, and the bid on ROTIP is 33 cents. We have this, despite the fact that each ROTIP share is worth 2.7 ROTI shares, plus an accrued but unpaid dividend. How does this happen? By my math each ROTIP share is worth at least $1.15 right now.