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Technology Stocks : Network Associates (NET)
NET 191.38-2.5%Nov 20 3:59 PM EST
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To: Swathi Vanniarajan who wrote (5363)6/18/1999 8:40:00 AM
From: Edwarda  Read Replies (1) of 6021
 
The company will also have to show the shareholders that it is buying back shares to imbibe confidence in the shareholders.

Yesterday, the CFO said at the Bear Stearns conference that although the share buyback has been authorized, the company is not currently buying shares, since it is burning cash this quarter.

BTW, I think you mean "imbue" rather than "imbibe"--which is what many shareholders must be doing these days to keep their spirits up.
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