[Am-info] Caldera

[John J. Urbaniak]

Erick Andrews wrote:

>
>
> You know, with so many eyeballs on the news, so many accountants
> quaking in their boots now, a new SEC chairman who's talking
> tough reform, with the demise of Global Crossing and others coming
> to light, with Sherron Watkins blowing the whistle, it could be a good
> deal if AA doesn't go bust in the process.  I'd guess they're still insurable.
>
> Do you think that Caldera and AA could get away with cooking
> the books?  Maybe Caldera can get them for cheap in a benevolent
> move to help restore AA's reputation.

Good points.

>
>
> Could it hurt Caldera?
>
> BTW, what does a "reverse split" mean?  Good for you?  What's
> Caldera's future

Normal split: You have 100 shares of a stock that sells for $50.  After, say a
2-for-1 split, you have 200 shares at $25.

Reverse split:  Stock sells for $1, and you have 100 shares.  After 1-for-2 split,
you have 50 shares at $2.

Typically, a company reverse splits when its stock is selling very low, like under
$1, in order to stay on NASDAQ, which has, I think, a $1 limit to be listed.

A reverse split is NOT a good thing, typically.

John


>

>
>
> --
> Erick Andrews
>
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