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Technology Stocks : Compaq
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To: barber who wrote (54459)3/22/1999 10:06:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
barber--- it was just read somewhere (Barrones 2 weeks ago???) that only about 1/3 of companies that announce a buyback do buy the entire amount--- many buy zero... they announce their intention... it shows the company feels the stock is cheap--- but they may intend to buy and find other uses for the cash--- buyout another or leave it in the bank...
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