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Technology Stocks : STM - SGS-Thomson (MPEG II)
STM 33.45+2.9%Feb 10 3:59 PM EST

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To: E. Graphs who wrote (245)7/9/1998 2:17:00 PM
From: E. Graphs  Read Replies (1) of 437
 
May be of interest here.....

cfoeurope.com

>>For years, European companies have looked on enviously as their American rivals have bought back their own shares to soak up excess capital. In Europe, a smorgasbord of legal restrictions and tax regulations has hampered firms' efforts to use the same strategy, leaving them at a competitive disadvantage. But not for much longer. France, Switzerland and the Netherlands, as well as Germany, are planning to amend regulations in coming months to make buybacks more attractive.<<
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