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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: kbert who wrote (2327)2/11/1999 9:11:00 AM
From: Doug Driscoll  Read Replies (1) | Respond to of 5541
 
They can buy back my shares....for a few dollars!!!



To: kbert who wrote (2327)2/11/1999 9:25:00 AM
From: Leroyt  Read Replies (1) | Respond to of 5541
 
My opinion: BS.

They'll use the money to make MORE movies. That's what the company is about. The share price will follow suit.

later, leroyt



To: kbert who wrote (2327)2/11/1999 10:03:00 AM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 5541
 
I asked this question to the company. My understanding is that it is only a possibility. It is not definite. It is not imminent. It depends. My general understanding is that the factors that will influence the decision are whether the company gains excess cash above current needs, and whether the price of the shares remains at an "undervalued" level. If this comes to pass, it is still an open question about how many shares could be repurchased. I read this scenario as too indefinite with too many undetermined variables to rely on.

Steve