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Politics : Formerly About Applied Materials
AMAT 258.92-0.9%3:59 PM EST

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To: Math Junkie who wrote (12784)12/8/1997 5:31:00 PM
From: Scott Brooks  Read Replies (2) of 70976
 
Richard,

The buyback represented in this PR is simply to offset any dilution from the employee stock plans (don't you work for K-T?) . It does not in any way indicate the cos. opinion on the relative price of the stock - inexpensive or otherwise. Microsoft routinely buys their own stock back for this purpose too.

Best,

Scott
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