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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (16789)	6/29/1999 6:47:00 PM
From: American Spirit	Respond to of 56535

SDTI - yippee! - see value counts. And news doesn't hurt either. Expect more from here on this one. My ONEM and PFE also kicked ass today. Hoping for good things from my still-oversold babies CHRZ, WIND, IATV.

To: Trader J who wrote (16789)	6/30/1999 9:34:00 AM
From: Buddy Smellgood	Respond to of 56535

TraderJ, IDS: Remember this one, it dropped on no apparent news from 10 to 3 and then to 1 7/8. The company issued a release stating it knew of no reason for the drop in price. I thought maybe it was good for a quick point or two, but it just sat there. Today they issued a stock repurchase. So, I'm hoping. Buddy IDS Announces Stock Repurchase Program HOUSTON, June 30 /PRNewswire/ -- Industrial Data Systems Corporation (Amex: IDS - news; ''the Company'') today announced that its board of directors has authorized the repurchase of up to 400,000 shares of its outstanding common stock. The shares will be purchased from time to time in the open market, subject to market conditions and Securities and Exchange guidelines. According to President and CEO William A. Coskey, ''The board and management believe that at current prices the Company's stock is undervalued. We are optimistic about IDS' future prospects and feel that shareholder value will be enhanced by the repurchase program.'' Industrial Data Systems Corporation is a group of service providers and specialty manufacturers. Consulting services are provided to the pipeline and process industries for development, management and turn-key execution of engineering projects. Manufactured products include industrially hardened PC based computers, conditioned power systems, HVAC equipment and fabricated systems. Certain matters discussed in this press release may constitute forward- looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to, the Company's ability to achieve its acquisition strategy, while effectively managing costs and expenses. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interest, and other risks detailed from time to time in IDS' filings with the Securities and Exchange Commission. Reference is hereby made to cautionary statements set forth in the Company's Form 10-KSB for the year ended December 31, 1998, and in the Company's Form 10-QSB/A for the quarter ended March 31, 1999, current Forms 8-K, and other SEC filings. Consequently, the forward-looking statements contained herein should not be regarded as representations by IDS or any other person that the projected outcomes can or will be achieved.