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To: sam who wrote (481)10/30/1997 1:53:00 AM
From: StaggerLee  Respond to of 527
 
All I know is, I'll take this share REPURCHASE over the alternative, which we experienced a year ago. Now, we need earnings.

I also like this volatility! Anything is better than the last two months between 2 and 2 1/16 !

As long as they don't have a serious loss (e.g., an inventory or goodwill write off), this stock's a screaming value play if there ever was one.



To: sam who wrote (481)10/30/1997 11:08:00 AM
From: Alan Wojtalik  Read Replies (2) | Respond to of 527
 
Thanks for the explanation Sam. Now another question: would you consider a buyout by the management as a good thing or bad thing? Seems to me that if they own a majority of shares, they will only be screwing themselves if they do anything to drive the share price down.

Regards,
Alan