[Am-info] Caldera

[Paul Rickard]

========== On 2002.02.15 04:42 PM, John J. Urbaniak typed: ============

>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.

   It is a good thing if doing a reverse split keeps your company on the 
stock exchange (NYSE and NASDAQ both have minimum levels), because once 
it drops off (like my PSINet holdings) there's not much future in it.



======== Paul Rickard, Editor of The Microsoft Boycott Campaign =======
--------------------------------[ Http://www.msboycott.com ]-----------

  "Microsoft is like this intellectual roach motel: big brains go in
   and you don't see anything come out."
       -Paul Saffo, Institute for the Future