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Re: chiphldr post# 13622

Tuesday, 06/06/2006 7:48:34 PM

Tuesday, June 06, 2006 7:48:34 PM

Post# of 37776
If one thinks that the ceo was naive about the result of announcing a reverse split, and the price is now significantly lower, isn't the ceo's intended goal price share wise now unobtainable which in turn may make him abandon the split ?

If one does not think the ceo was naive, and knew the result of such an announcement , what was the real purpose? Perhaps Cannes got a few deals brewing where outsiders wanted in on the cheap at float owners expense.

JMHO.