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Technology Stocks : MicroTouch (MTSI): at or near bottom?
MTSI 150.87+0.2%1:22 PM EDT

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To: Captain Jack who wrote (300)3/21/1999 6:38:00 AM
From: Marc Phelan  Read Replies (2) of 343
 
Microtouch sets $5 million stock buyback
METHUEN, Mass., March 19 (Reuters) - MicroTouch Systems Inc., which makes touch-screen computer systems, said Friday its board authorized the repurchase of up to $5 million of its common stock.

The company expects the shares will be used for transactions in connection with its employee stock option and stock purchase plans and its director stock option plan.

MicroTouch had 7.29 million shares outstanding as of March 12, according to S&P MarketScope.

biz.yahoo.com

At least a little bit of good news.....

Marc
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