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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Rock_nj who wrote (11156)	6/10/1998 10:37:00 AM
From: techxprt	Read Replies (1) \| Respond to of 11850

Posting one more time......conversation with Joe Gort yesterday... Per Joe Gort: 1. Nothing has changed since we invested in stock. 2. Everything is still moving forward 3. Name change is complete and official, however, just waiting on SEC to be able to use it. 4. Meeting with executives today to discuss next press release could come out Thursday 06/11. 5. Executives are aware of current situation and hope that next press release will address that concern. 6. He cannot speculate on stock price but was optimistic that things will get better as MTEI moves forward. Techxprt

To: Rock_nj who wrote (11156)	6/10/1998 12:16:00 PM
From: Janice Shell	Respond to of 11850

INFE does puzzle me, why sell when the company is buying shares?!? 1. The company has announced that it plans to buy back shares; there's no indication that it's actually done so, or, in fact, that it ever will. It's not at all unusual for management to change its mind about buybacks. 2. Only a few weeks ago INFE could have bought back shares at a price far lower that the one that obtained when the buyback was announced. At that time the stock had already begun to slide off its highs. Makes one wonder whether the announcement is meant only to support the price.