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Technology Stocks : Mapics, Inc. (MAPX)

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To: JDN who wrote (116)4/19/1999 9:21:00 PM
From: Byron Angel  Read Replies (1) of 141
 
Bill Gilmour, CFO of MAPX, sent me an e-mail today in response to an information request I had sent him. In the last 10K it is stated that the average exercise price of outstanding MAPX options is $12, so I asked Mr. Gilmour if they had considered re-pricing options. His reply was, “we have not considered re-pricing options”.

I also asked Mr. Gilmour about repurchase of shares by the company. He stated, “We will disclose in our April 27 earnings announcement our share repurchase activities”.
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