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Post# of 45585
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Alias Born 06/04/2004

Re: None

Tuesday, 10/26/2004 2:00:36 PM

Tuesday, October 26, 2004 2:00:36 PM

Post# of 45585
MY OPINIONS RE: UCAD SPLIT

Again, I believe the following things:

1. A forward split is generally a good indication by management of solid business ahead.
2. A forward split is positive with respect to creating greater liquidity for institutional/fund participation.
3. Related to the above, greater liquidity makes UCAD a more attractive candidate for listing on a higher exchange based on a greater willingness for institutional participation.
4. I still believe the ucad dividend will be covered (possibly in waves which is why there may have been a lull as of late). With a stock price around $4.50-5.00, more retail investors will take a further position in ucad than they would if it were at $15. That's just inherent with lower prices and is why even companies like ebay or others do a split when the price gets "too high". So I think here that shorts will have more competition for shares so to speak (and there ain't that many to begin with).

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.

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