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Non-Tech : MAGS - Magal Security - Airport Bomb Detection + more
MAGS 66.15-0.8%Dec 12 4:00 PM EST

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To: Douglas who wrote (314)12/10/1998 4:47:00 PM
From: Bret P  Read Replies (1) of 394
 
Yes, the Nov. 10 release does'nt hint at any kind of urgency. Well of course they
would'nt, would they? The language is fairly direct .
Purchases "directly or by controlled companies" and "depending on the price and availability of shares"
would indicate carefully controlled purchases with an eye directly on
price. It would seem the buying would be curbed as
the price rose 30%, and resume as the market permits.
As for beneficial ownership already having a controlling percentage, why the impetus to accumulate?
Maybe something to push demand at the Dec. 15 meeting will be mentioned.
Thoughts on the INVN idea mentioned by Tokyo, if any?
Regards,
BP



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