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To: Connor26 who wrote (117958)6/28/2004 12:22:56 PM
From: hotlinktuna  Read Replies (1) | Respond to of 208838
 
I just added ARLC 2.60 +.19 on this news: Arel Communications and Software (ARLC: news, chart, profile), which makes video conferencing systems, will see about 661,000 shares purchased by Clayton Mathile at $4.75 apiece. Mathile said about 8 million shares had been tendered in response to his offer. He will own about 33 percent of the company after completing the purchase. Shares closed Friday at $2.41.
Sounds like a lot of confidence by Mathile in the company...tuna