Sullivan is really trying hard - hopefully market will reward him in 2000! Stock VISN is a joke at $ 2! It can bought on the cheap!
Thursday December 9, 7:01 am Eastern Time
Company Press Release
President of Sight Resource Corporation Purchases 51,700 Shares of Company's Common Stock
HOLLISTON, Mass.--(BW HealthWire)--Dec. 9, 1999--Sight Resource Corporation (NASDAQ:VISN - news), a leading provider of primary eye care services and managed vision care programs, today announced that William T. Sullivan, President and Chief Executive Officer, purchased 51,700 shares of the Company's Common Stock on the open market during the month of November.
Commenting on the purchase, Mr. Sullivan stated ''While 1999 has been more of a transition period than we envisioned at the beginning of the year, I believe the Company has sharpened its focus on our core business strategies: Point-of-Sale implementation, managed care growth, continued cost reduction and laboratory consolidation, and our laser vision initiative. As my share purchase indicates, I believe we will reap the benefits of these initiatives and expect to generate improved operating and financial performance in the year 2000.''
''Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this news release which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and additional factors affecting the Company's business are described in the Company's Form 10-K for the fiscal year ended December 31, 1998 filed with the Securities and Exchange Commission.
Contact:
Sight Resource Corporation
Investor Relations: 508/429-6916, ext. 111 |
