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Microcap & Penny Stocks : SNOW-Sled dogs -- Ignore unavailable to you. Want to Upgrade?

To: Jody Ritchie who wrote (603)	12/23/1998 1:57:00 PM
From: Gary Vecchiarelli	Read Replies (2) \| Respond to of 641

Is it just me, or are most people here 'in the dog house' anyways since the 54:1 reverse split? I had 1000 shares and now I have about 18.5 shares. thats worth about $10 at current value. It would have to hit $41.50 a share to equal the .75/share price I paid for 1000. Either way, this stock is a loser, unless you pick up lots of stock at the current price. But since the reverse ratio was so enormous, we lost big time!! It would of been okay if there was a reverse 54:1 and the price ratio at that time stayed 54:1. For example, sled dogs worth 5 cents before it reversed. It reverses 54:1. The price should be at least 5 cents time 54 right? Of course history tells us that after reverse splits, the stock declines. Ok, so it wouldnt be worth 2.70 a share. Fine. But at least half or one third that 2.70 price. but its not. Has anyone here bought SNOW after the reversed split and added to their original investment (before the split)? Sorry if I seem complex, but it makes much sense. A Reverse Split of 54:1 made the previous investors assed out. Gvec