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Non-Tech : MAGS - Magal Security - Airport Bomb Detection + more
MAGS 65.31-2.2%Dec 17 4:00 PM EST

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To: Mike Fredericks who wrote (1)12/8/1998 9:39:00 AM
From: Bret P  Read Replies (1) of 394
 
On the 2nd of Dec. I e-mailed Stephen Axelrod asking if there
was anything newsworthy regarding MAGSF that had escaped my
search through usual sources. I received this response on the 7th.

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** High Priority **

According to the company there is no new news to explain the sharp increase in volume and price last week. There are no new developments to report. The company notes that business is good and it anticipates reaching its sales and earnings goals.

----------------------------------------------------------------------

So this leaves the Tokyo Joe INVN-MAGSF rumor, the possible
repurchase of the 500K sh., and the unfortunate mail bombing
incident in a non-US country as possible ignition for this
recent burn off.
No hype, no bash, just trying to make sense of it all.
All comments welcome.
BP
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