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Wednesday, 06/25/2003 2:27:42 PM

Wednesday, June 25, 2003 2:27:42 PM

Post# of 598
Viva International (VIVI) 800:1 reverse split.The Auxer Group had announced a reverse split of the company's stock, along with the name and ticker symbol change, but on May 30 said it was "reconsider" the reverse split. Then, without fanfare, the company yesterday had a new name, symbol and a substantive reverse split. It is not known if the company had a deliberate strategy to foil short-sellers who often drive prices to unfathomable bottoms after they announce reverse splits, but by keeping them guessing, the surprise element, while staying within the letter of the law, may have helped avoid such a fate.


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