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Strategies & Market Trends : Value Investing
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To: TimbaBear who wrote (15027)8/2/2002 12:56:29 PM
From: Dave  Read Replies (1) of 78516
 
Timba,

Truly outstanding analysis. I especially liked the fact that you mentioned a passage from their 10K which states that the stock buy-back is to prevent dilution from the company issuing stock options. I agree with you 100% that the purchase of stock, in this case, should be included in CapEx.

Thanks for your time.

dave
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