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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (15774)6/22/1999 8:49:00 AM
From: Joe Copia  Read Replies (1) of 25711
 
Re-ALERT on ELST.

Today is last day to be "shareholder of record" for June 25th. It takes 3 days for you to be shareholder of record as your broker holds the shares in his name for 72 hours.

Friday June 11, 9:01 am Eastern Time

Company Press Release

EST Announces Cash Distribution

KENNEWICK, Wash.--(BUSINESS WIRE)--June 11, 1999--Electronic Systems Technology, Inc. (EST) (OTC:ELST - news), today announced the Company will issue a one-time, noncumulative, cash distribution to shareholders of record as of June 25, 1999.

The distribution will be in the amount of $0.01 per share of common stock for a total amount of $49,536.67, and will be completed by July 9, 1999.

Electronic Systems Technology, a publicly held Company since 1984, is a manufacturer of wireless communications hardware for both industrial control and public safety marketplaces, and was the first Company to develop the wireless modem and receive the United States and Canadian patents for this technology.

Contact EST for more details.
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