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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: Zeitgeist who wrote (18)11/1/1998 8:29:00 AM
From: Jeffrey L. Henken   of 939
 
I have been watching EMBX with interest. Having earned 9 cents in the last quarter, up from 6 cents a year ago the company seems to be doing quite well. The stock had slipped a bit due to overall bad market conditions but I feel that management recognized an opportunity by announcing a 10% share repurchase on October 21st in the middle of a rally:

biz.yahoo.com

Sitting at 4 13/16's I believe that if the stock slips back closer to $4 again that it would have to be considered a strong buy.

quote.yahoo.com

What do you think?

Regards, Jeff
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