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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: nokomis who wrote (5099)	10/9/1999 1:16:00 AM
From: Rainy_Day_Woman	Respond to of 39683

KSWS WESTLAKE VILLAGE, Calif., Oct 8 (Reuters) - K-Swiss Inc. said Friday directors have authorized the repurchase of an additional $25 million of the company's Class A common stock. The company said it has completed its April 1998 $20 million stock repurchase program, adding it has spent a total of $35,206,000 since August 1996 to purchase 3,159,000 shares. Under the new stock repurchase program, the company said, it may repurchase up to $25 million of its shares through December 2003. Based on Thursday's closing price of $17-1/16 per share that would be about 13.5 percent of the shares currently outstanding. interesting, i will watch [ahem]