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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (19827)12/11/1998 1:47:00 PM
From: Mr.Manners  Read Replies (1) of 120523
 
PTII detail:


Friday December 11, 11:22 am Eastern Time

PTI Holding to repurchase up to 25 pct of
shares

YONKERS, N.Y., Dec 11 (Reuters) - PTI Holding Inc. (Nasdaq:PTII -
news) said Friday its board has authorized a buyback of up to 25 percent,
or 1,275,000, of the company's outstanding shares.

The company said this will include both open market purchases as well as private transactions.

The amount, timing and share price of any repurchase will be approved at the discretion of the PTI management and
its board of directors, the company said.

PTI Holding manufactures and distributes safety helmets, bicycles, bicycle accessories, and health and beauty care
products.

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