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Technology Stocks : MVSI - AN UNDISCOVERED GEM -- Ignore unavailable to you. Want to Upgrade?


To: Ben Geh who wrote (544)9/9/1998 5:58:00 PM
From: Kevin Michael  Read Replies (1) | Respond to of 627
 
This stock appears to be very attractive with the recent sell off except for one main thing-- public relations! Why a company would publicly announce that it does not intend to continue to purchase its shares despite a press release less than one month ago that said it intended to purchase a million more shares is beyond my comprehension. Looks like this compny has hype written all over it even though it appears to be a solid company (based on recent earnings and steady growth). I would be cautious in buying this one for a while; looks like the SEC might be interested in looking into this one. Anyone know why the company would issue a statement to bring down its own stock during market turmoil? This has company manipulation written all over it! This is just my opinion. I'll be looking to buy long when the selling stops and no lawsuits are filed. Hope this was a stupid blunder on the part on the company and nothing more! Opinions? KM