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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we? -- Ignore unavailable to you. Want to Upgrade?


To: Goinlong who wrote (1425)11/2/1998 10:26:00 AM
From: Warlock  Read Replies (1) | Respond to of 3171
 
Buyback Update:

CEO Dave Caulkins purchased about 100,000 last week (a small amount, in his mind). He is freeing up some cash, and plans on buying a LARGE block sometime late this week. At that point a press release will be issued.

IMO, his LARGE block will be several hundred thousand shares. Might not be a bad time to buy some stock on the open market. . . because his buyback will probably propel things later in the week.