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Non-Tech : Mackie Designs (MKIE)

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To: marvin karelitz who wrote (36)6/28/1997 10:46:00 AM
From: B.D.   of 61
 
It may have moved up $1 but on a measly volume of some 30,000 shares.

A while back Mackie announced the board had approved the possibility of share buybacks. Note that it didn't actually conduct a buyback. And why it didn't do one while the stock was wallowing in the 6's I dunno. I dunno, it all seems orchestrated to boost share prices without actually having to do a buyback.

The big news with Mackie lately is the lawsuit. Check out mackie.com
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