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Microcap & Penny Stocks : Emerson Radio Corp (MSN)
MSN 0.396-1.1%Nov 21 9:30 AM EST

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To: Tony Rome who wrote (1983)12/14/1998 7:17:00 PM
From: flyintigress  Read Replies (1) of 3501
 
It's nice to know the outstanding shares are now 48+ million and not the 50 million they were previously. Looking at Emersons balance sheet and talking to shareholders, I cannot understand why all the Emerson insiders aren't buying shares! They can buy 2 million shares outright and lower the outstanding, but how about interest within the company. I noticed when company directors, CEO's and others start buying shares, potential investors take interest in a company.

Am I missing something? Maybe it's better to lower the outstanding shares. Emerson could get an edge in case some company wants to do a takeover. It would be difficult to own a majority of Emersons shares if they owned over 50% of them!
Could be Emersons waiting for the judges decision before they have the confidence to buy?

I equate Emerson Radio Corporation to a huge puzzle. A lot of pieces and we don't have them all in place.... yet!

flyintigress :) to all!
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