SplitTrader.com Announces Investment Opinion on DiaSys Corporation.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by SplitTrader.com. LITTLETON Littleton, city (1990 pop. 33,685), seat of Arapahoe co., N central Colo.; platted 1812, inc. 1890. It is a suburb south of Denver in an irrigated farm area. , Colo.--(BUSINESS WIRE)--Feb. 25, 2000 Lab Equipment Company Sets 2-for-1 Split DiaSys Corporation (Nasdaq:DIYS) announced today that its Board of Directors has set a 2-for-1 stock split. The split is effective for shareholders of record as of the 8th of March. The Company has not released information regarding a payable date. Three million shares are currently outstanding. DIYS designs, creates, and distributes workstation equipment for use by persons analyzing various body fluids. DIYS went public in January of 1995. Currently, they have contracts with HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. , Bayer Corporation and many others. The Company works to automate To turn a set of manual steps into an operation that goes by itself. See automation. and standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. routine testing procedures. The goal is to improve safety and cost efficiency within medical practices and facilities. Shares of DIYS traded between $8 to $10 for almost all of 1999. During December, the stock began a climb to the current range of $13, after having reported revenues of 240% over the prior fiscal year. The stock has a 90-day average volume of 39,800 shares traded per day; however, the recent 10-day average is up to 57,000. Due to the added risk of a relatively low trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. and low share price, SplitTrader.com will not be adding this stock to our Recommended Split List. For more details on this stock, please click on the attached link. Visit http://www.SplitTrader.com later today for a detailed profile on DIYS. For now, please click on the link below to view a chart on DiaSys Corporation. Chart = http://www.splittrader.com/charts/charts.asp?symbol=DIYS About www.SplitTrader.com, the FREE website for stock split traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. : www.SplitTrader.com (ST) specializes in showing investors how to properly trade stock splits and is the leading website for identifying new split candidates. ST offers daily market commentary, thorough analysis, and market-beating performance in its stock recommendations. ST offers a complete sector watch, insightful editorials, e-mail split notifications, a complete split calendar, and a host of focused chatrooms and message boards. Visit http://www.SplitTrader.com and sign up for their FREE membership. |
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