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To: Victor Lazlo who wrote (27419)10/27/1999 12:35:00 AM
From: James Simonick  Read Replies (1) of 40688
 
That is an interesting scenario. Buy back stock, raising the price support immediately, retire the shares and issue new restricted to replace them? The only inherent flaw may be that unless Santa Clause buys them, the buyer will want some type of tangible benefit incentive, either in price, which would resemble the 'dread cheap shares' issue again, or some other reasonable compensation. Just thinking out loud. Make sense? Maybe one scenario would be to offer the shares at a median price between the difference of the average prices at the beginning and the end of the buyback. Just doing some creative rambling while we wait I guess. I expect financials/CFO will put the issue pretty well to rest. In the mean time, hurry up and wait.
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