Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (19807)	10/22/1999 6:03:00 PM
From: ErnestPoe	Read Replies (1) \| Respond to of 108040

GO NZRO check this out!! cbs.marketwatch.com

To: $Mogul who wrote (19807)	10/25/1999 9:21:00 AM
From: Tom Allinder	Read Replies (1) \| Respond to of 108040

SCOTTSDALE, Ariz., Oct 25 (Reuters) - Telecommunications provider Vodavi Technology Inc. <VTEK.O> will repurchase up to 400,000 shares of its common stock, or about 10 percent of the outstanding shares, the company said on Monday. The repurchase program approved by the board of directors at its October meeting provides for buying stock on the open market periodically over the next six months and retiring the shares to the Vodavi's treasury. Management will determine the timing and the number of shares to be repurchased under the program, the company said in a statement. "This action, which at the current prices will be anti-dilutive to earnings, reflects our confidence in the company. Vodavi and U.S. Bancorp Piper Jaffray continue to explore additional financial and strategic alternatives that will be advantageous to the company and its stockholders," Greg Roeper, president and chief operating officer, said.