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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market!
GEN 25.87-1.6%3:59 PM EST

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To: Jack Be Quick who wrote (216)4/3/1998 7:06:00 PM
From: LPasko   of 283
 
I think it's good. First, many companies fail to follow through on share repurchase plans, but never tell anyone. So I applaud them for this.

Second, this may mean that they have found a use for their cash reserves--they seem to be hinting that an acquisition is in the works.

I think given GEN's current thriving business, we can rule out a cash shortage as the impetus for this announcement.
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