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Technology Stocks : Paxson Communications (PAX)

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To: William Duncan who wrote (47)12/2/1997 8:43:00 AM
From: webpilot   of 154
 
I just sent an e-mail to PAX regarding whether or not they have a stock buy back program in place. With the stock at this level, if in fact they are able to buy back shares it could be very good for stockholders. Actually could be a silver lining to this recent drop. Seems to be someone doing some intense selling here. Once they get rid of their shares the stock will probabley bounce back up. Could be the result of the recent idiotic downgrade lingering or end of year tax selling. Once we get the stock out of weak hands we will all prosper. The price of the stock does not alter or reflect the business plans of this company.
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