Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : LASERPACIFIC (lpac) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fortune III who wrote (519)	11/12/2001 5:42:25 PM
From: Dale Baker	Respond to of 542

There are now several AH bidders from 3.30 to 3.40 after the stock closed at 3.25 - very interesting. Today's report was a disappointment, but mostly proof that LPAC is not immune to the industry slowdown. Looks like movies of the week were a more important part of LPAC's revenue stream than we counted on. I am keeping my core LPAC shares for the long haul. I just don't expect much of a real pop until the company can say for sure they are back on track.

To: Bill Fortune III who wrote (519)	11/13/2001 6:11:21 AM
From: NAG1	Read Replies (1) \| Respond to of 542

I believe the report said that they would buy back as much as 2 million dollars worth of stock. To make the numbers work a little easier, if they bought it back at an average of 4 dollars a share, then they would take about a half million shares out of circulation or about 7% of the outstanding shares. It depends on the share price someone at lpac thinks that lpac needs to defend, possibly to prevent some type of takeover or possibly to allow a takeover(pure speculation here) at a more reasonable price. Depending on how many shares are bought, it could help increase earnings per share slightly and make the numbers look better. Should lpac decide to defend a $3 per share price, then the buy back would encompass about 10% of outstanding shares. The way things stand right now with the present information, I would wait for about 4 dollars a share and sell some of my position and wait it out with the rest. Just my opinion though. Good luck everybody. Neal