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Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?

To: Zvi Steinberg who wrote (822)	6/4/1999 9:04:00 PM
From: arnie h	Read Replies (1) \| Respond to of 1386

Zvi: One of the main reasons companies do a reverse split is to have a price above $5 which is a magic number for many funds. Should PARS be fortunate enough to have a partner for HU211 and do so under terms that move the stock price to significantly above $5, a reverse split might not be especially necessary. Another example where a reverse split worked out well is with Coopers Co.. They had a 1/3 and moved the price to $6 from which it climbed into the $40's before descending to the $20's at this point. Regards, Arnie