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Microcap & Penny Stocks : MACE (Mace Security International) -- Ignore unavailable to you. Want to Upgrade?


To: J R KARY who wrote (62)6/17/1998 12:41:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 143
 
Mace Security International Receives $971,400 Contract From Department
of Navy

BENNINGTON, Vt., June 17 /PRNewswire/ -- Mace Security International, Inc. (Nasdaq: MACE - news) today announced
that the Department of Navy has exercised its second option of a five option contract to purchase $971,400 of 40 mm less-
lethal cartridges.

This contract is excluded from the recently announced definitive agreement to sell the assets and business of the Federal
Laboratories Law Enforcement Division to Armor Holdings, Inc.

Perhaps with the baby float this stock has, a momentum play may develop when traders realize the stock price to book/cash.