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Non-Tech : Holts Cigar (HOLT)
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To: Don Westermeyer who wrote (3)5/19/1998 10:15:00 AM
From: Boyd Hinds  Read Replies (1) of 25
 
Thanks for the info, Don. The company announcement of the stock buyback was welcome news in a very depressing market for the premium cigar distributors. The buyback represents nearly 10% of current diluted shares. IMHO, the stock will have to cut through some upside resistance as nervous longs try to get out of their HOLT holdings. I expect some profit taking if the stock gets to 8 or so. I'm still holding until the next earnings report....
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