SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: EPS who wrote (21939)5/10/1998 7:14:00 AM
From: EPS   of 42771
 
"When a publicly traded company says it will buy back some of its stock, the reaction on Wall
Street is almost always positive. Even if analysts were not enthusiastic about the company
before the announcement, many investors cast aside caution and dive in, on the theory that no
one knows better than the company's management whether a stock is a bargain and a good
investment. Are they right? "
.............
"Soaring equity markets,
meanwhile, have made stock, not cash, the currency of choice in making acquisitions. So managers can
easily conclude that a buyback is the best way to use cash not needed for internal growth. "

nytimes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext