IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: BULL who wrote (8950)	6/19/1998 11:00:00 PM
From: 5,17,37,5,101,...	Read Replies (1) of 11555

You're right. Their own personal cash is not used in the repurchase; however, since the repurchase is essentially a dividend, it means less cash for management to squander on their own whims; secondly, it means less cash available to weather a rough economic period, which means more risk to themselves regarding job security. So when a company announces a substantial repurchase plan (>5% outstanding shares) on top of large insider purchases, it's about as bullish a signal as can be sent to investors. Finally, the repurchase increases insiders' percentage ownership, when? at bottom bargain basement prices...a steal, literally. Jackson

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