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To: Clayton Eley who wrote (4583)	11/5/1998 3:23:00 PM
From: David W. Tucker	Respond to of 7701

Clayton: I can assure you that a reverse split is a bad idea. I have yet to see it done to the benefit of the company. If Noram does a reverse split, I will be the first one to sell all my shares. Period. This whole idea of a reverse split popped up today on the thread. In the few instances where GZ has mentioned it (in response to a shareholder) he has insisted it is not in his plans. Your example is faulty. If you reverse split shares and then issue some more, those issued shares have a multiplying negative effect on the stock, much worse than pre split. It is a bad idea all around and in every instance I have seen it done, the stock price continues to slide downward. dave

To: Clayton Eley who wrote (4583)	11/5/1998 3:26:00 PM
From: EZ	Read Replies (1) \| Respond to of 7701

Clayton forget about a reverse split.....EZ