And now a press release comes out saying Greg Mackie has bought more (hey, the price *is* at a record low):
MACKIE CEO PURCHASES ADDITIONAL
SHARES IN OPEN MARKET
WOODINVILLE, Wash.--(BUSINESS WIRE)--Dec. 10, 1996-- Mackie Designs Inc , manufacturer of high quality audio mixers and related products,
today announced that Greg Mackie, chairman and CEO of Mackie Designs Inc. (MKIE), has purchased 30,000 shares of company stock in the open market.
This increases Greg Mackie's beneficial holdings to 5,340,000 shares, which represents approximately 41% of the total shares outstanding.
"I believe the current market price does not reflect the real value of the company," commented Greg Mackie. "As I have stated previously, I am confident that our short and long term business strategies, new products planned for the coming year, and the strong customer loyalty for our products will result in continued growth. Accordingly, I cannot think of a better place to invest my money."
NOTE: MACKIE is either a registered trademark or trademark of Mackie
Designs Inc. in the United States and/or other countries.
CONTACT: Mackie Designs Inc.
Alisa Bell, 206/487-4333 |
