News: It looks like Log Point is putting it's money where it's mouth is!
I would like to see insider buys.
I will post if I see anything significant.
Tuesday October 13, 10:03 am Eastern Time
Company Press Release
Log Point Buys Back Stock
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 13, 1998--In accordance with its buy-back program, Log Point Technologies
(OTC BB:LGPT - news) announced that through Oct. 12, 1998, it has purchased 132,000 shares in the open market.
These shares are being called for delivery in the name of Log Point and will be retired to the treasury.
Samuel Shanks, president and CEO of Log Point stated that the company is now looking to step up its buy-back program as revenues
start to come in from its software and hardware developments.
For further information, please contact Dr. Samuel P. Shanks, president, 650/967-7162, info@logpoint.com or Pat Vitucci, Public
Relations, 609/748-0563, or visit out website at logpoint.com.
Safe Harbor for Forward Looking Statements: Except for historical information contained herein, the statements in this press release are
forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. These
statements involve known and unknown risks and uncertainties which may cause the company's actual results in the future periods to
differ materially from the forecasted results. These risks and uncertainties include, among other things, product price volatility, demand,
competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the
company's ability to replace and expand its holdings.
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