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To: majaman1978 who wrote (92)2/10/1999 7:21:00 PM
From: GARY P GROBBEL  Read Replies (2) | Respond to of 139
 
Mark...I don't know...this is really a curve ball. Reverses are more common now than before as companies scramble for Nasdaq requirements but most investors still consider them bad news. You can pull off a reverse w/o a diminution of market cap IF it is accompanied by strong corporate developments. Now, one COULD argue that this development might signal the company is getting serious about the future and the reverse is part of that business plan...but again we just don't know enough to make that judgement...at least not yet. Wish they had done this a couple of weeks ago.

gpg