SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : MADISON SYSTEMS(MADI) Multi Million Dollar Contract -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (5015)7/19/1999 11:20:00 PM
From: Moosie  Respond to of 5832
 
hmmmmm.....

Playground Rules

moosie



To: The Philosopher who wrote (5015)7/20/1999 8:43:00 AM
From: DuGen  Read Replies (1) | Respond to of 5832
 
Chris, In their March 11 PR in the fifth paragraph it said "...McNally reported that Madison will buy back with surplus funds up to one million shares of the Company's stock in the open market up to $1.00 per share with the said shares being returned to the Treasury."

Now here's some toys for the playground. 1) If there actually is surplus funds and Madison is buying back their shares, it will improve the company value and give each of those dollars spent and shares bought more punch to the pound. 2)If it's Rino dumping his remaining shares it hasn't hurt the stock price and that is a good sign. 3) The kicker (dreaming this part) suppose Rino is dumping and Madison is buying. It would be the best thing Rino has done for the company.

4) And there's a lot more too. Hints of another venture where Madison might need more cash. So much for the surplus idea. If they can get a line of credit from a bank it'd give a big boost to Madison's creditability. 5)After last weeks big show, production levels should now be up to 14, maybe even 15 Centurions a day..... maybe.

Aw gees, talking to much, getting too serious, pain, dizziness, gotta go.

DuGen