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Non-Tech : GENI: GenesisIntermedia.com Inc
GENI 2.4300.0%Oct 3 5:00 PM EST

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To: RockyBalboa who wrote (296)9/25/2001 4:40:03 PM
From: RockyBalboa   of 574
 
Bwahahaha here is the first one, right?


3:24PM GenesisIntermedia (GENI) 4.63 -4.16 (-47%): An unusual situation with GENI today: this stock announced a 3-1 split back on Sep 5 when the stock was trading near $17. In ensuing weeks, the stock slipped to near $13 and the company postponed the split indefinitely on Sep 19. Briefing.com and others continued to incorrectly report that the stock would split today, and most importantly, every online quote provider we checked adjusted the price for the 3-1 split. The stock opened at 7.09, which then displayed as +142% on most quote systems, when in fact it was down 19%. Since then, the stock has continued to slide, even as most quote providers have corrected their prices.

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