NCR Corporation: An AT&T Spinoff Message Board

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Technology Stocks : NCR Corporation: An AT&T Spinoff

NCR 27.08

+3.2%

Oct 16 5:00 PM EST

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To: judge who wrote (218)	4/20/1998 8:06:00 PM
From: judge	Read Replies (1) of 379

Ncr up 8.7 percent the past two days. A 500 million buyback basically gives each shareholder a 15% increase in ownership. I think this upward trend should continue until we hit the high 30's.. just my opinion.. best returns j. On a side note. this stock sure moves on low volume. I couldn't imagine if NCR's 2nd qtr numbers beat wallstreets estimates.. whew.. I think this company is starting to get some good momentum.. And if you think about the timing of the buyback. When you breakeven on 1 mill shares or 10 million shares the earnings per share is still zero.. but when you post a profit your earnings per share will increase. If NCR just meets wallstreets estimates their earings per share will increase 6% for the year( taking into account the 200 mill of NCR buyback) not bad.. best returns j

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