AIT Advanced Information Technologies Corp. Message Board

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Gold/Mining/Energy : AIT Advanced Information Technologies Corp.

AIV 5.710

+0.3%

Nov 26 3:59 PM EST

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To: hugh thorne who wrote (20)	3/16/1997 7:33:00 PM
From: Lee Matheson	of 130

I doubt that AIT will be repurchasing shares, although I guess anything is possible. In the annual meetings, I remember talk that AIT was more concerned about its "limited" liquidity, due to the large block of shares held by Steve Sandler and Al Churgin, and hence there were only a few million availabe for the institutional and the individual investors. If the price had ever been able to sustain a move up to the $20/share region, I suspect a split would have been seriously considered by AIT. But to sustain such a move, very strong earnings for a reasonable period of time is necessary.

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