Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Spunky Beaver who wrote (2314)	8/29/1998 8:29:00 PM
From: Phil(bullrider)	Read Replies (1) of 18998

To All, Some info on sexi REXI, <<<<<<<<<<<<<<<<<< Message 5618232 <<<<<<<<<<<<<<<<<<< To: +Alec Epting (3 ) From: +Candle stick Friday, Aug 28 1998 7:10PM ET Reply # of 5 Resource America Authorizes 50 million dollar Buyback Friday August 28, 1:39 pm Eastern Time Company Press Release Resource America Authorizes Buyback PHILADELPHIA--(BUSINESS WIRE)--Aug. 28, 1998--Resource America Inc. (NASDAQ:REXI - news; the ''company'') announced today that its board of directors has authorized a repurchase by the company of up to $50 million of its corporate securities. >>>>>>>>>>>>>>>>>>>>>>>>> Just seems to me that management is attempting any last ditch efforts they can to salvage what is left. Just because they announce a stock buyback, doesn't mean they will purchase a single share. Just in my humble opinion, Phil

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