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Technology Stocks : Phoenix Technologies (PTEC)
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To: Fred Fahmy who wrote (3265)4/22/1999 9:34:00 AM
From: Mark Brophy  Read Replies (1) of 3624
 
The announcement was made Monday.

Earnings were last week. So, today is the first buyback day. The Phoenix buyback is analogous to the 1999 Creative purchases, which didn't prop up the stock as much as the 1998 purchases. How much stock did Creative retire in 1998?
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