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To: steveK. who wrote (2180)1/26/1999 10:47:00 PM
From: Life Coach  Read Replies (2) | Respond to of 5300
 
Thanks Tom! Here are my views as to why the stock split will happen sooner rather than later. According to Dan Lunt, they will split when the stock becomes "too expensive." With the low float and good news about SPYHOP, this stock could be in the $70-80 range in February. That being the case, it would certainly be in WCTI's best interest to split the stock at around that price for the following reasons:

1) trading would be less volatile,
2) the stock is more attractive to institutions, large investors,
3) it is more attractive to individual investors,
4) it is still a Bulletin Board stock and they would want
to take advantage of the momentum before the financials and
NASDAQ listing.

If they are smart, right now they are targeting the stock price they would want for the split announcement so that they can be proactive and ready to announce it in a fast moving market.

With only 4.5M shares in the float, a 3 for 1 split is a must. Dan Lunt, I hope you are reading this thread. Have a good evening everyone.