MECHTON INT'L <MCHT> SETS STOCK BUYBACK
Mechton International Corp said
its board authorized the company to buy its outstanding stock
in the open market at prices deemed appropriate by management.
    No amount of shares were specified.
    The company also said it expects 1987 results to exceed
1986 net income of 46,000 dlrs or three cts a share. It cited
recent acquisitions and establishment of operations in France.
 Reuter
