THREE FIVE SYSTEM (TFS) - up from here? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dfloydr who wrote (2237)	8/19/1998 2:28:00 PM
From: Noblesse Oblige	Read Replies (2) of 3247

To various "thread" participants... Insofar as a share repurchase is concerned, don't hold your breath. The company didn't really do it a couple of years ago, despite the fact that its cash balances were adequate, its inventory needs were lower, and it had only recently announced the repurchase intentions. Now, the company has unduly high inventory (from last quarter's MOT stretchouts), a China expansion plan, and a good reason to conserve capital. In short, I doubt it. However, it isn't as though this management has never "fooled" me. Some sophisticated investors I know have opined that a buyback is possible. If re-instituted, it is my guess that minimal shares will be repurchased on this one, too. Why should we expect management to behave differently than the last time?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next