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Technology Stocks : Apple Inc.

AAPL 278.34

+0.1%

1:26 PM EST

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From: Keith Feral	9/16/2010 5:40:02 PM
	Read Replies (2) of 213174

rim.com It's tough to imagine RIMM justifying a $1.5 billion cash outlay last quarter to buy back stock. It helped earnings by a whopping 2 cents. They could have given shareholders a 2% dividend for the next 3 years, as they accumulated a lot more cash between now and then. But, they thought it was a great idea to put a can of gas and a match to $1.5 billion. What a tremendous waste of resources to tweak earnings by 2 cents. But, I suspect we'll see alot more of those over the next couple of quarters from various companies.

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