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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: CAPT.DAN who wrote (2095)1/28/1998 12:19:00 PM
From: lowell  Read Replies (3) of 27968
 
I have never heard of a company borrowing money to buy back their own shares!! You have to pay interest for this money that will not bringing in any cash - that's a negative IRR (internal rate of return)!!! Company's use extra cash reserves for buying back their own shares. Is it me, or is this borderlining on absurd??? PLEASE, someone back me up on this!

Lowell
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