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Technology Stocks : MVSI - AN UNDISCOVERED GEM

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To: MikeD who wrote (525)8/11/1998 11:05:00 PM
From: Mark Ambrose  Read Replies (1) of 627
 
MVSI to buy-back up to one million shares

biz.yahoo.com

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Tuesday August 11, 2:55 pm Eastern Time

MVSI to buy-back up to one million shares

VIENNA, Va., Aug 11 (Reuters) - MVSI Inc said on Tuesday its board authorized the
repurchase of up to one million common shares of stock in the open market.

The company said it will makes the repurchases from time to time, depending on market
conditions.

Chairman Edward Ratkovich said, ''we believe the securities of MVSI are currently undervalued based on the company's record
revenue and profit performance in the last quarter.

Ratkovich said he predicts higher revenues and profits in future quarters.
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