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Politics : Formerly About Advanced Micro Devices

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To: kash johal who wrote (72876)9/23/1999 11:57:00 PM
From: Dan3  Read Replies (1) of 1571359
 
Re: I am sorry but u are wrong...

No, he's not. In fact, the number one reason for reacquisition of shares is "To meet employee stock compensation contracts or meet potential merger needs...
Once shares are reacquired, they may either be retired or held in treasury for reissue."

"Intermediate Accounting", Kieso and Weygandt, Wiley 1986 <in lieu of a link>

Dan
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