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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: taxman who wrote (24113)	6/14/1999 11:38:00 AM
From: t2	Read Replies (1) \| Respond to of 74651

I have never heard of companies not being able to buy just before the quarter. What you are saying is than in any given quarter that at least one-third of the days would be off limits for share buybacks. In this case--June 15 to July 20 or so. That seems a little too much of a restriction. Maybe the companies don't buy back a few days after the quarter leading up to the earnings. However, my guess is that once a company has announced its intentions to buy back----they is no reason to make further announcmemts and therefore proceed with buy backs at the time and price they want.