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To: michael m. who wrote (122)2/11/1999 3:47:00 PM
From: David Cal  Read Replies (2) | Respond to of 139
 
I can't believe this is the good news the IR person had in mind. Anyway, in a 10 to 1 reverse stock split, does that means, after the spliting, the stock will be worth 10x of today's worth?

eg. price at 20c x 10 = $2 new price

Correct me if I'm wrong. Comment?



To: michael m. who wrote (122)2/11/1999 4:48:00 PM
From: Madeleine Harrison  Respond to of 139
 
Michael, I am at a loss like you. There were almost always 3
mm's at or near the bid no matter what the price was and never
more than one seller. It's still that way now, for crying out loud.

And to top it off, there was actually some buying after the selling finished. Maybe there's something else still coming out from
the company?

-Madly