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Technology Stocks : IBM
IBM 303.23-0.4%Nov 26 3:59 PM EST
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To: Robert Scott Diver who wrote (3571)7/22/1998 10:10:00 AM
From: DavesM  Read Replies (1) of 8218
 
Re: stock repurchases
As a long term stock holder, if repurchases defend IBM's stock price better than a high dividend, I'll take the repurchases. Further, if the Company were ever to be forced to reduce stock repurchases, it'd probably have a smaller effect on stock price than reducing the dividend.

Of course, if the Company were ever forced to reduce repurchases/and or dividends, I'm gone.
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