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To: briskit who wrote (2431)9/16/2001 7:13:53 PM
From: bonnuss_in_austin  Read Replies (3) of 51721
 
Hi, mike, Karen et al ... Yes. I saw that, too; just announced ...

... on CNN.

ALSO: The SEC has relaxed some rules, evidently. I'll look for a link about this but caught two of the four items:

1. Companies couldn't before (I didn't know this) trade their own stocks first and last hours of normal market operation. Now they can.

2. Brokerages and mutual funds can trade without normal tax implications.

Let me go look somewhere (SEC website, perhaps) for the complete details.

Now, obviously the question remains, will companies -- particularly the largest that comprise the DJIA and NASDAQ 100 -- do so? Buying back shares typically is a very positive upside market-mover.

I want to see the Goldman Sachs, etc buying before I believe that this market can even maintain current levels.

Excuse me ... I'll be back when I can find something ...

bia
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