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ModusLink Global Solutions, Inc. Message Board

  • cmgitru cmgitru Oct 18, 2006 10:45 AM Flag

    Lawler indicated

    There would be no reverse split

    He also mentioned to the fact that cmgi would not
    allow the stock to be delisted

    New bonus program for 2007 for top brass that performs

    Longs, If I am wrong, please correct me, but if these
    statements are true, Lawler has an ace up hid sleeve

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    • There is about .0001% of a reverse split.

      The only way there would be if Lawler wanted
      to go private.

      Just keep an eye on JDSU now JDSUD.

      Reverse split was for emergency situation
      if stock fell under a $1.00 and stayed.

      THE END

    • He did not say there would never be an R/S
      He said there are No plans right now to do one.

      I have talked to former CFO and current CFO and they both pretty much said the same thing to me that Yes an R/S will most likely happen, but Not until the stock is strong!

      I walked away with the impression when CMGI trades between $3 and $5 on strength we will then see an R/S

      There are only 4 choices approved as of right now and they are-

      So I say it will either be 1-5 or 1-10 at the $3 to $5 level

1.38-0.01(-0.72%)10:11 AMEDT