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Gold/Mining/Energy : GEAC.....Canadian best kept secret
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To: Michael Dean who wrote (908)10/21/1999 2:06:00 AM
From: Sultan   of 1571
 
All of it is true except when the company is pumping out too much cash. Reducing the shares outstanding, either by cancelling or reserving for other purposes tend to work since it increases earnings per share... Case in point, IBM. They have been doing this for last few years if I remember correctly. FWIW.
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