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Technology Stocks : LSI Corporation

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To: DavidG who wrote (7521)10/28/1997 8:58:00 PM
From: Mark The Trader   of 25814
 
Dave, lately when a stock gets hammered one way a company tries to lessen the negativity surrounding the price decline is to announce a stock buyback. I do not belive they are required to actually purchase stock back , but companies with a lot of cash will if its beneficial.
Stock buyback announcements from companies have been getting press for being a bandaid for lower stock prices. Those stock options execs get are tied to the stocks performance.

Mark
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