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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: Pr-Ac Man who wrote (3357)1/16/1998 11:21:00 AM
From: JOE MEDSKER  Read Replies (2) of 4489
 
PAC,

It would depend on how they word the press release. Many companys make a big deal about their intention to repurchase shares. They are not required to complete the plan and many companys don't. It's not difficult to check on the buyback, simply follow the MM involved. Joe knows that if he makes the announcement he will be tested. i can tell you this, if this is his plan he will do it. If its legal I'm sure he will let us know periodically just how many shares have been repurchased. If the company commits up to a certain amount of money they are not required to spend it.

Best Regards
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