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

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

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To: raefon who wrote (2329)	8/31/1998 11:50:00 PM
From: Noblesse Oblige	Read Replies (1) of 3247

Hi Raefon.... One can only hope that senior management of TFS, now able apparently to purchase (for the same amount of money!) well over a million shares of common, expands its share repurchases when it buys in the initially theorized amount. If you assume that they can buy shares from tired longs, margined out believers, and even tax loss sellers, over the balance of this year, they might well be able to strike an average price of $8 -$9 on 1.5 million common. My own guess is that they have at least 350,000 repurchased already, perhaps even a touch more. Still...the trading hasn't dried up. The irony that is so profound is that the senior people couldn't effectively build an expanding company these last five years, so the best way that they can enhance shareholder value is to actually reduce it. Funny in a bizarre sort of way, no?

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