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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: posthumousone who wrote (77076)3/8/2001 10:18:30 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
they're not obligated to do anything. nor do they have to do it at a certain price, and yes, it sure is a tool to prop up prices. contrary to popular misconceptions the motivation behind buybacks is usually NOT the desire to help all those poor shareholders out there, but to bring managements stock options home.
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