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bendriver

12/07/05 10:40 AM

#37772 RE: frogdreaming #37771

Dear Frog,

"the long term investors who held through that split will somehow be rewarded for it. They won't. That money is long gone, lost, and will never be recovered."

DNAG is not the first or only company to do a reverse split. By reducing the number of outstanding shares, shareholders will benefit in the long run because they will hold an equvalent amount of a smaller pie.
Revenues measured against this porportionatly smaller pie will look far more inviting to institutional investors than earnings divided among 20 times as many shares.Therefore, that "money" is not "long gone", "lost" or unrecoverable.


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jever000

12/07/05 10:52 AM

#37773 RE: frogdreaming #37771

frog, you are correct, i,m down a substantial amount of money since the reverse split, but! where would the company be at today if all sold prior to reverse split? shareholders like me keep this company alive, i will take the chance with the short tearm loss to keep the company going for a very possible big return in the future....that is my position and i,m sticking with it!!!