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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (27656)11/1/1997 8:38:00 PM
From: j g cordes  Read Replies (1) of 58727
 
Patrick <If a company says they intend to buyback 100 million dollars
of stock, it is a bullish stance.> Most of the time yes, but I apparently don't believe in the honesty of corporate leaderships as much as some... Playing devil's advocate on why a company would "buyback 100 million dollars of stock"... could be to temporaily boost the price to sell calls, or boost the price to let someone exercise options, or a host of other less than shiny motives.
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