CPCI - great earning , BARRON's suggest Message Board

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Technology Stocks : CPCI - great earning , BARRON's suggest

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To: Aaron Cooperband who wrote (457)	1/10/1998 9:49:00 PM
From: csm	Read Replies (1) of 586

Aaron, Yes, it does appear that the buyback is significant enough to show confidence. I guess my thinking is that the company does not appear to have an acquisition in its near future and does appear to have its hands full managing CPCI at the moment, so why not buy back more of the shares and let the improved earnings replenish cash while they're looking for something to buy. On the other hand, they did say they were going to bring in a new executive to allow them to put more attention on an acquisition, so I guess they don't want to spend all the money. They'd have nothing for the new guy to do. I just received the annual report. Haven't looked at it too closely yet. Appears to be full of testimony about CPCI's reputation and reliabilty. Style is a little more "cartoony" than last years which was classy.Has anyone had a chance to read it carefully? Stuart.

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