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Technology Stocks : CSG Systems (CSGS) Billing Support Software -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (115)	8/6/1999 4:17:00 PM
From: Roger L. Chuchen	Respond to of 135

Doug, I'm not sure but if I remember correctly, companies can only buy back shares on a downtick (??). So, while CSGS can support the price by absorbing the shares of sellers, it can never manipulate the price upwards. Besides, w/ an average volume of over 800K a day and only a 5 million share buyback, it's doubtful that it'll have much "real" positive impact. Nevertheless, the announcement does have a "psychological" impact as management is implying that the company is undervalued.