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Technology Stocks : BAY Ntwks (under House)
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To: borb who wrote (5939)5/18/1998 12:05:00 PM
From: Bosco  Read Replies (2) of 6980
 
Dear borb - for cos who are into acquisition growth, buyback is not likely because of the pool-of-interest provisions. Since BAY is growing both internally as well as externally, it is not likely. Additionally, while share buyback is a nice tax free dividend, especially if the repurchased shares are retired, it can have an impact on the cash position. Hi tech cos require continuous investments to stay a step ahead.

Hope this will help single sentence reposte <VBG>

rgds Bosco
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