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Technology Stocks : CheckFree (CKFR)
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To: Brooks Jackson who wrote (2705)3/20/1998 9:08:00 AM
From: jjs_ynot  Read Replies (1) of 8545
 
One way to do a stock buyback would be the way DELL does it.
Sell in the money puts going forward. Buy out of the money calls.
Use put proceeds and company cash to exercise calls as the stock
price goes up.

Dave
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