DCTC - DCI Telecommunications Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCTC - DCI Telecommunications

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: semi-recumbent who wrote (3899)	1/26/1998 5:46:00 PM
From: Pr-Ac Man	Read Replies (1) of 4489

To use a stock buyback to artificially support the stock price is wrong and probably illegal. It may be illegal, and as you pointed out Joe M. did not state that as an objective. Clearly, it is a bargain for DCI to buy back their own shares at low prices. However, this buyback will also effectively support to the stock price, and there is nothing illegal or wrong about that (IMO). It helps to level the playing field for a BB stock that has to contend with market pressures not associated with listed stocks. This is merely a distinction between stated objectives and practical implications. PA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next