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Microcap & Penny Stocks : OPTI
OPTI 0.000200-77.8%Feb 6 9:30 AM EST

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To: leigh aulper who wrote (456)12/29/2000 2:53:34 PM
From: Glenn Petersen  Read Replies (1) of 482
 
OPTI to buy back 1 million shares:

biz.yahoo.com

Wednesday December 27, 6:13 pm Eastern Time

OPTi to repurchase up to 1 million shares

MILPITAS, Calif., Dec. 27 (Reuters) - Semiconductor maker OPTi Inc. (NasdaqNM:OPTI - news) said on Wednesday it plans to repurchase up to 1 million shares of its outstanding stock in a bid to maximize shareholder value.

The Milpitas, Calif.-based company said it plans to repurchase the shares on the open market from time to time depending on market conditions, share price and other factors.

The company had about 11.7 million shares outstanding as of Dec. 22.
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