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Technology Stocks : OCCF: Optical Cable Corp

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To: Matt Kaarlela who wrote (531)1/27/1998 12:30:00 PM
From: bigbutt  Read Replies (1) of 545
 
OCCF rising slowly,,but still rising??

It's strange that on good news "RECORD REVENUES"&"Record Year-End
Results" that OCCF goes up that day but then settles back down where they started???

On no news at all they go up????
Is this Kopstein buying back shares he said they would???
re-buyback (Company's common stock in the open market or in privately negotiated transactions. At current
prices, this would represent over 540,000 shares equaling 1.4% of total common shares outstanding
or 20% of the 2.7 million shares in the Company's float. The price to be paid, timing of purchases
and the manner of purchases will be at the discretion of management.

IMHO the reason for the rise is "Kopstein" buying..
I personally would not see this as a good sign, to me this is just a
CEO trying to keep his shareholders.

I also think that the "shorts" know this..

OCCF needs HUGE news for them to "SKYROCKETT" like when they IPO'd
OCCF needs news, news, news...actually they really seem to move better on no news so keep it up occf x:-)
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