EDII Message Board - Msg: 4705029

STOCKTALK

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Microcap & Penny Stocks : EDII

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To: Bill Story who wrote (658)	6/3/1998 1:06:00 PM
From: Jim B	of 2849

well I wouldn't worry about a stock buyback.. there's ONLY 6 million in the float.. that's nothing.. if they want to buy back some shares with the money they make from the sales (if they sell) of some of the land they own near that oil/mineral find then great.. I have talked to the company and they said a stock buyback was a possibility with any funds they get from what I just mentioned.. however, they have LOTS of things going on right now and they want to focus on the business at hand.. not so much as to buying back "for now" shares... go back and read my post #655... those are the reasons I'm in.. a stock buyback would just be another plus... but don't count on it.. we don't need a buyback.. the company knows what it's doing... MMs/shorts will be taken care of soon enough.. imho jim

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