DCTC - DCI Telecommunications Message Board

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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: James Harold Alton who wrote (3352)	1/16/1998 10:51:00 AM
From: Pr-Ac Man	Read Replies (3) of 4489

I think that a buyback would be a great way to spend some corporate $$. The purchased shares could perhaps be used towards some future aquisition and hopefully DCTC will be a lot higher at that time. That relates to a question I have about buybacks. What exactly happens to the shares when the company reaquires them. I was wondering if they were then permanently "retired". But based on your comment I would assume that they go under the company's name and are available at their discretion. Is that correct? If that is the case, I think a buyback would be an excellent way for DCI to leverage some cash for future aquisitions (as you alluded to). At these prices, DCI could buy a lot of shares for not much money. Also, if a company states that they are going to dedicate so much cash toward a buyback, are they then committed to follow through? Even if the stock price moves up significantly before they can complete the re-purchase? PA

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