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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: hoffy who wrote (3424)6/4/1998 4:55:00 PM
From: Turboe  Respond to of 10343
 
Yeah right...



To: hoffy who wrote (3424)6/4/1998 4:56:00 PM
From: Patrick Lauder  Read Replies (1) | Respond to of 10343
 
The same can be said of every company who ever bought back their shares whose share value ever went up!!!

Pat



To: hoffy who wrote (3424)6/4/1998 5:05:00 PM
From: Devil's Advocate  Read Replies (1) | Respond to of 10343
 
Because they don't do it for the quick money.

They do it to protect shareholder value and more importantly to increase shareholder confidence in management.



To: hoffy who wrote (3424)6/4/1998 5:09:00 PM
From: MMpro  Respond to of 10343
 
Hoffy, INFE Management is attempting to protect the shareholders of the company, a Buy Back is usually done to bring the stock price in line with it's true value.

If INFE buys back at $4, $5, $6 eventually pushing the price up to $8, $10, $12 then they are laughing all the way to the BANK and making all shareholders VERY HAPPY?

The $.25 per share is the past. The reality now is $4 and up!

With your logic, then Bill Gates should have bought out all the MSFT shares at $2 (split wise) 10 years ago and be worth $200 Billion today instead of his paltry $50 Billion!!!

Peace

Riccardo



To: hoffy who wrote (3424)6/4/1998 5:16:00 PM
From: Forest Gump  Respond to of 10343
 
Huffy, this explains it all...

BTW, did we piss on your parade today?

This company is obviously going places and is well aware of what is in the future. By reducing the float they will increase the value, significantly. It's just like any investment, if they spend 2 million now they stand to increase their own share worth by much more than that. What they already have in their pocket becomes much more valuable and they own more of it...

Remember, THEY KNOW WHAT NEWS AND CONTRACTS ARE PENDING....

It is a legal way for them to use insider information to up the stock price and their own personal wealth....



To: hoffy who wrote (3424)6/4/1998 5:42:00 PM
From: Lee Walsh  Read Replies (1) | Respond to of 10343
 
Hoffy,

I'll put in my 2 cents worth in this one. I believe Tom has known that his stock has been heavily shorted for quite some time, but had no Market support (US) to help him with it. He can't fight against the MM's himself!! He had no chance against them, until now!!

But now, enter the Rocketeers...He has some good solid investors to support the stock. There was really no need for him to buy shares from these shorters, until he got some help and announced his contracts.

I've gone thru this same senario with another company recently. They had some pretty hefty shorters in their stock also (tho nowhere near as tough as the fiasco bros.) Their stock was shorted from about $3.50 down to about $1.75 over a 1 month period. They did this same thing...announced a stock buy back plan, It got attention. the stock went from $1.75 to over $4.00, and they have just met the Nasdaq qualification of over $4 bid for 22 days and are on their way to the Nasdaq Small Cap mkt.

Plus, how do you know he's not been buying his stock at the depressed levels for quite some time already.

Lee

No one has answered why they would buy it at levels 20 times greater than it was 2 weeks ago. ANswers like, there was not a need then doesn't make sense to me.
If they had bought it at 1/4 and now the stock was at 4 they would have been very swift and made 20 times their money.