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Re: Babylon post# 81644

Friday, 02/28/2003 4:13:39 PM

Friday, February 28, 2003 4:13:39 PM

Post# of 704041
Babylon....

Like many other old fallen angels of the past, GLW will need to do a reverse split before it can rejoin the living. Its fundamental outlook has no significant improvement over the foreseeable future and I would wait until after the reverse split to buy.

My reasoning is that when you look at current very high valuations, a reverse split in many of these stocks is likely to have the same outcome as that of "T", which is why you have not seen many of them occur. When LU's reverse split is effective, look for the stock to trade down, not up.

Just my opinion, though.

mlsoft

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