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Technology Stocks : Nortel Networks (NT)
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To: Paul Lee who wrote (2061)2/22/1999 3:48:00 PM
From: Torty  Read Replies (2) of 14638
 
Can anyone enlighten me about the predicted effect of the stock repurchase on stock price short and long term? Excuse me if this seems obvious, but does the company buying back all those shares normally make the price go up? Or, does it erode investor confidence for some reason?

Thanks.
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