Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Sound Works (SOWK) -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (176)	2/13/1999 9:36:00 AM
From: star56	Read Replies (3) \| Respond to of 582

SATURDAY MORNING CHRISTMAS GIFT!!! My E*Trade account shows I now have 5X the number of SOWK shares @ .60 cost basis/share. I'VE MADE MONEY! I unfortunately bought in at $3, so I'm sure many of you have a lower cost basis. YEAHHHH! Where will she go on Tuesday?

To: im a survivor who wrote (176)	2/13/1999 1:17:00 PM
From: Siber	Read Replies (1) \| Respond to of 582

That says the price on friday has to be the dilluted price If it was he diluted price...I don't think it would be showing a minus $2-3/64. They would adjust for the diluted price and if there was a downtick...it would only show, say minus .02. The minus would have to be in pennies. I think. Regards, Helene

To: im a survivor who wrote (176)	2/13/1999 1:43:00 PM
From: Turn Around Picks	Read Replies (1) \| Respond to of 582

Hello KG4....T.A.P. will be on the phone Monday (they are working 2/15)with SOWK upper management to discuss another clarification as I suggested Friday.It seems they need to notify all brokerages not just the ones making a market in the stock or the confusion will continue next week as well as many brokerages are showing a split is scheduled 2/16.Mr Cornwell has stated there will be no split and the adjustment to price was made early Friday morning. The price did go down quickly after open on Friday on very little volume and did bottom out almost 4 times less than Thursdays close, which would indicate the brokerages who make a market in SOWK stock made the adjustment.WHy did'nt they adjust to the anticipated .60 mark if this is the case adds to the confusion of the news that the other brokerages have of a scheduled split for 2/16.Perhaps the demand for the stock did'nt warrant any further adjustment downward,afterall this is an Internet stock in the same arena as CDNW & KTEL so demand will more than likely be much greater than supply especially with the low float.Long term holders should not be worried if they bought in by 2/11, even if there was a split from current level, which Mr Cornwell states there won't be and management controls 80% or better of the O/S shares so who is more qualified to say, SOWK would more than likely bounce back from people buying at this hypothetical 2/16 split price.T.A.P. will post results of this Mondays conference call as soon as possible as well as email all T.A.P. members! members.xoom.com Join Free!