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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 172.29

-2.2%

Dec 17 3:59 PM EST

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To: hedgefund who wrote (59011)	1/25/2007 8:00:21 AM
From: Randall Knight	Read Replies (1) of 196982

How could buying back shares before good news be considered unethical? Because of insider information? Trading on insider information is unethical only when it benefits those individuals in the know. Buying back stock benefits all shareholders. How can that be unethical? If there isn't any 'big' news in the offing, as a shareholder I'd be pretty upset that management isn't buying back shares right now. That leads one to speculate as to what news there might be that could make management hold off buying back shares. Possibilities have to include anything that would involve the use of QCOM shares such as a merger or takeover.

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