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To: VIPER85730 who wrote (27892)	11/7/1999 1:49:00 PM
From: xyz	Read Replies (2) \| Respond to of 40688

A quote from the UPS IPO article: "The company intends to use the proceeds of the IPO to repurchase shares from existing shareholders. The company said it wanted to have the stock to use it as a currency for future acquisitions, even though it had the cash reserves and credit line necessary to buy virtually any company in the world. "From UPS' standpoint, it would be good collateral to use to buy technology companies," Naik said. "The valuation for technology companies are very high. Why would you pay cash for that, why not pay with another inflated stock?" Interesting??????? or not