MAGS - Magal Security - Airport Bomb Detection + more Message Board

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Non-Tech : MAGS - Magal Security - Airport Bomb Detection + more

MAGS 66.23

+0.1%

Dec 15 4:00 PM EST

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To: Douglas who wrote (312)	12/9/1998 12:58:00 PM
From: Bret P	Read Replies (1) of 394

I agree. MAGSF is a profitable company. Has been drifting in the lower PE levels searching for support since the loss of US approval. Repurchase should hold it above the 1 7/8 - 2 1/8 range of late. Two 20K blocks yesterday @ 2 1/16, and one 10K today @ 2 3/8. Do you feel any of these blocks could be the continued repurchase nibbling after some dust settling? Any estimate of how close they are to their 500K target? Regards, BP

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