Physician's Computer Net (PCNI) Message Board

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Biotech / Medical : Physician's Computer Net (PCNI)

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To: LEE SWIFT who wrote (41)	2/19/1997 5:01:00 PM
From: sean sullivan	of 290

Lee, They are buying back shares from a credit company. Basically, they are paying off part of a loan. Here's the news. Physician Computer (NASDAQ:PCNI) plans Q1 stock buyback Reuters, Tuesday, February 18, 1997 at 09:58 MORRIS PLAINS, N.J., Feb 18 (Reuter) - Physician Computer Network Inc said it plans to exercise its option to repurchase 2,325,000 shares of its common stock from IBM Credit Corp at a price of $4.60 prior to the end of the first quarter. Copyright 1997, Reuters News Service SS

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