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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Paul V. who wrote (117959)5/2/2002 3:02:44 PM
From: puzzlecraft  Read Replies (4) of 152472
 
Ford Motor bought a lot of stock with their cash hoard, many billions worth, during boom times, and then when things slowed, down, their stock dropped a lot due to cash concerns. Boggles the mind. If I were running a co. making a lot of $ I'd consider allocating some % of annual income to buy back stock with, but not consider going back into an accumulated pile from previous years to buy back stock, rather keep it for slow times or looks for business expansion opportunities via R&D, increased marketing and acquisitions.
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