Compaq Message Board - Msg: 15028086

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Technology Stocks : Compaq

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To: Andreas who wrote (87979)	12/15/2000 11:00:04 AM
From: MeDroogies	Read Replies (1) of 97611

Andreas, having worked with the finance boys long enough...they have ways of not even putting it in there. I forgot about options, and you're right about that. But the source and use portion won't be accurate either. I was present at a buyback at another company that was performed. You won't find it in their source and use area, though they accounted for it. Sometimes they hide it in areas such as purchase for employee options, employee stock purchase plans...etc. There are lots of places to actually do a buyback without putting in a specific line item mentioning it. It's sad that being honest in a report is something that isn't common....but I know that Warren Buffett has been on a crusade about this very thing.

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