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Non-Tech : Central Garden & Pet Co. (Nasdaq : CENT) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Stempson who wrote (31)	7/13/1999 12:04:00 AM
From: Gottfried	Read Replies (2) \| Respond to of 73

Dale, the last share repurchase increase was just a month ago... Friday June 11, 6:38 pm Eastern Time Company Press Release Central Garden & Pet Increases Share Repurchase Program by Additional $25 Million LAFAYETTE, Calif.--(BUSINESS WIRE)--June 11, 1999--Central Garden & Pet Company (NASDAQ:CENT - news), the nation's leading supplier of consumer lawn and garden and pet supply products, announced today that the company's Board of Directors has authorized an increase of $25 million in the company's share repurchase program, bringing the existing program from $80 million to $105 million. To date, the company has repurchased 6.0 million shares for approximately $77.6 million. biz.yahoo.com Gottfried

To: Dale Stempson who wrote (31)	7/13/1999 4:28:00 AM
From: Paul Weiss	Read Replies (1) \| Respond to of 73

Dale-- I don't want to rain on anyone's parade, especially after a deluge like Monday's. But... I see nuthin' but trouble for CENT shareholders, and worse, all these woes can be laid at the feet of management. Management's solution to everything is buy back more shares, even if they have to increase debt to buy 'em. Basically they have propped up a falling stock, time and again, with more buybacks at prices above the following month's prices. Meanwhile, we see net sales of insiders. Not good. The legal vulture's are circling, expect a multitude of class action lawsuits that will tie up the decision makers when they NEED to be making important decisions and deals. The best hope I can see is that book value is true value and someone will acquire CENT at a small premium. Sorry, Paul