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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (11102)9/1/2000 6:33:09 PM
From: rjm2  Read Replies (1) of 78740
 
I just wish I would have bought more GTSI.
But you know, when the shorts & the pumpers get finished with it, and toward year end it may well fall to $3.
SPOR...I scaled into it last time, then scaled out..and have been scaling back in.
Good news is they have authorized another buyback. Wont start till after the 10k comes out.(?)
I love the way they keep buying back stock but am a little perturbed at the LACK of insider buying.
There was some last year but nothing since..

"TOMLINSON, ROBERT G. CB 50,000 B 7/19/99 $4.03 - 88,000 D 8/5/99
3. EVEREST, JAMES H. DIR 5,000 B 5/5/99 $4.75 - 40,000 D 6/7/99
4. NORICK, RONALD J. DIR 10,000 B 4/30/99 $5.31 - $5.16 - 63,167 D 5/20/99
5. EVEREST, JAMES H. DIR 10,000 B 4/29/99 $5.10 - $5.00 - 35,000 D 6/7/99
6. AUGER, STEVE S. TR 1,000 B 4/28/99 $5.06 - 1,100 D 5/11/ "

I understand they still keep in contact with the firm that was interested in buying them so time ago so i suspect eventually they will get taken out.
From that perspective, I guess the share buyback means it may be awhile. They cant be buying back stock if they are in talks can they ?
I keep thinking a big block is about to cross and they might mark it down to do so. Other than not catching the exact bottom, I see very little risk here other than "dead money" risk.
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