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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: ernie de la fuente who wrote (3023)2/24/1998 10:16:00 PM
From: Pr-Ac Man  Read Replies (3) of 19331
 
STOP the buyback. Stop wasting company $ to keep the small weak hands in the game.

I still haven't heard a good explanation as to why the buyback is supposedly wasting company money. The money isn't disappearing into a vacuum. Its being used to repurchase shares of the company's own stock. And these same shares will be available at some future date for M/A deals, just like cash. Isn't that correct? If so, then would someone please explain to me why this is wasting money?

PA
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