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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.79+0.6%4:00 PM EST
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To: Terry Whitman who wrote (27829)9/29/1999 9:07:00 AM
From: Benkea   of 99985
 
Terry:

"Cash paid is cash paid."

I am sure you have seen Buffett's essays on options as well. Cash paid is NOT cash paid if the shares rebought are offset by off income statement option grants.
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