SI
SI
discoversearch

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 : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: cascara who wrote (3719)6/5/1998 12:46:00 PM
From: MARK BARGER  Respond to of 10343
 
If you'll look at the chart for the last 3 hours, it has drawn a very stable line at $4.00 a share. Just looks like a great time to start nibbling up shares. Hopefully they are in the process of doing that as we speak. Rico, would be interested to see what your high tech. gadgets say about the action (or lack of <gg>) today.

Thanks

Mark



To: cascara who wrote (3719)6/5/1998 12:48:00 PM
From: justaninvestor  Read Replies (1) | Respond to of 10343
 
<<Stock buybacks are typically completed over a period of days in different lot sizes to avoid destabilizing the price.>>

I would tend to disagree that stock buybacks are typically completed over a period of days if you are inferring that the buyback will be over a short period of time. Most buybacks that I have been involved with have taken place over months. In fact, usually the company states the amount of funds that are committed and the term. Also, I've never seen a company set a target price - not that INFE did here - just a general statement.

Of course, throw everything I've said out the window if the stock rockets to $6-$8 in the next couple of weeks (and not because of the buyback).

bbruin - "Hold long, be strong & don't whine"