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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (4694)	3/29/1999 9:57:00 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 57584

Mace Security International Announces Substantial Equity Investment, New Chairman and CEO, Change of Control and Aquisition by Merger BENNINGTON, Vt., March 29 /PRNewswire/ -- Mace Security International, Inc. (MSI) (Nasdaq: MACE - news) announced today that it has reached an agreement with Louis D. Paolino, Jr. to become its Chairman and Chief Executive Officer, together with eight members of a new management team selected by Mr. Paolino. As a condition to his agreement to serve as CEO, the Company's current Board of Directors, other than Mr. Goodrich, will resign and be replaced by a new Board selected by Mr. Paolino. Also, Mr. Paolino, new Board Members and members of the new management team will purchase shares for a total capital investment of approximately $8.75 million. The shares will not be registered under the Securities Act of 1933, and thus, will not be freely tradable for a period of at least one year from the closing of the sale of the shares. Following the stock sales, Mr. Paolino will become the Company's largest shareholder. Mr. Paolino, graduate of Drexel University with a B.S. in Civil Engineering, was formerly the Chairman, President and CEO of Eastern Environmental Services, Inc., a solid waste management services company. When Mr. Paolino joined Eastern in June 1996, the company's sales for that fiscal year totaled $7.6 million with a market value of less than $10 million with a stock price of $1.50. Mr. Paolino was responsible for implementing an aggressive acquisition policy that resulted in the completion of 60 acquisitions by the end of 1998, thus producing an annual sales run rate in exceeding $450 million. In a stock transaction announced in August of 1998 and closed on December 31, 1999, Eastern, then the country's fifth largest solid waste management company, was merged into industry leader Waste Management, Inc. with a valuation in excess of $1.3 billion and a Nasdaq stock value of $32 per share. This explains the last move, now, will she move again from here??(3) A dot com would be nice!!!

To: Rande Is who wrote (4694)	3/29/1999 10:08:00 AM
From: rtroup	Respond to of 57584

Technical breakout in EWBX holding above 50 with very low volume and no movement YET today. ( I AM LONG EWBX AT 52 ) Average daily volume: 380,000 Today's volume as of 10:00am EST: 24,500 Todays hi/lo: 52.25 / 51 I don't propose to be a expert technician, but it has been my experience that when a stock breaks out of resistance on high volume and then pulls back to support (former resistance) on low volume... it means that the stock should be headed higher. They don't have a great fundamental business yet, so this seems to be strictly a technical trade. What do you think?

To: Rande Is who wrote (4694)	3/29/1999 10:08:00 AM
From: fishweed	Read Replies (2) \| Respond to of 57584

Rande - T splits on Apr 15, shareholders of record date Mar 31 receive split shares, I can't imagine shareholders who buy after record date not receiving the split shares. How is that handled?