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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%Dec 2 3:59 PM EST
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To: K MAC who wrote (25270)12/2/1997 9:54:00 PM
From: blankmind   of 61433
 
they do not actually have to repurchase, many companies merely will state they intend to purchase so much, but are not obligated to do so.

but buying back the stock may not be a bad business decision, a strong stock price also relates to how a company is viewed. if csco went to 30, they would not be perceived as strongly.
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