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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: Chris O'Keefe who wrote (2049)12/11/1998 11:54:00 AM
From: Baldur Fjvlnisson  Read Replies (1) of 3171
 
Chris, next time you talk with Mr. Calkins please ask him how the share buy back is going. If he thought the price was attractive in October he must consider it a gift by now.

Oct. 26 PR....
>>>In other news, Mr. Calkins, who along with Mrs. Calkins currently owns 55% of the company's outstanding common stock
and 100% of its outstanding preferred stock, indicated his intention to purchase up to 1 million shares in the open market at
prevailing prices from time to time, depending on market conditions.

Mr. Calkins indicated that he decided to purchase these shares in view of the current price level of the company's common
stock. Mr. Calkins stated: ''I believe that the purchase of the company's shares represents an attractive investment opportunity
which is currently undervalued due to the recent downturn in the market.''<<<

Best regards,

Baldur F.
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