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To: Mitch Aunger who wrote (3474)1/20/1998 5:04:00 PM
From: Bruce Galpeer  Respond to of 4489
 
I would suspect that they want to wait and let the price rise on it's own before using the company money. I hope the desired effect of pushing the price to a level in excess of $2.75 before the buyback begins.



To: Mitch Aunger who wrote (3474)1/20/1998 5:10:00 PM
From: JOE MEDSKER  Respond to of 4489
 
MU,

Its probably related to the SmartTalk stock which was up nicely today and he would like to see the SI investors get in before any major upward move.

Best Regards



To: Mitch Aunger who wrote (3474)1/20/1998 5:46:00 PM
From: josrph j murphy  Read Replies (3) | Respond to of 4489
 
Dear Mitch:
The worse thing a company can do is announce a buy back without
the where with all to do it.We have the $5,000.000 to do it
and we are committed.The response to your question will be the
the second wave.