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Stocks O / Obie Media Corp


Subject:  Obie dilutes float Date:  6/1/1999  12:38 PM
Author:  benfool Number:  6 of 6

Hey fools,

I have been impressed with the numbers shown by Obie over the last few years. The dividends have also been nice. But, I'm concerned over the recent dilution of the shares. The market has reacted quite efficiently, and it may be a while before the stock price grows. Right now it's down almost 50% from it highs. The long term value may be there, but I never like it when the stock gets diluted. Who out there things that increasing the float will induce more large scale investors to enter the market and increase daily trading on this stock?

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