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Gold/Mining/Energy : CMYN
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To: bullhead who wrote (440)3/25/1998 11:13:00 AM
From: Ed Fishbaine  Read Replies (1) of 811
 
At between 3 and 6 cents a share the company can buy up between 150 million and 300 million shares with $10 million cash.. Then it could cancel all these shares and start over. Of course, any purchasing plan would push the share price up but then the market would realize that there is a bottom to the price. Why not do this?
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