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Non-Tech : Radica Games (RADA)
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To: Ron Harvey who wrote (1495)12/22/1997 1:27:00 PM
From: Kevin G  Read Replies (2) of 7111
 
<"Not likely"> Are you kidding?? Stock buybacks are one of the best ways to boost shareholder value...

- It shows the company is bullish on their own stock outlook.

- You get an initial pop in price when the buying occurs.

- Most importantly, the float and outstanding shares are reduced and that has a more permanent, lasting effect.

- and don't foirget the last time Radica bought back shares was about a year ago, and look what the stock price has done since then.

Kevin G.
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