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Technology Stocks : CGRM Centigram
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To: Red Dragon who wrote (89)4/15/1997 2:43:00 PM
From: David R   of 333
 
>I think it's a productive way to spend some of their excess cash.

Wouldn't this also a help increase EPS, PE. The irony is that most of CGRM's cash came from SPO few years back (2M @ 32). Now they buy back at .30 on the dollar. In a sense, they shorted their own stock (unintentionally for sure).

:-)
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