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To: Alcona who wrote (6954)11/2/2000 9:08:52 PM
From: Robert Scott Diver  Read Replies (2) | Respond to of 8218
 
I always wonder why people are concerned about EPS rising because of the reduction in shares outstanding. Given a stable PE, EPS determines stock price. Greater EPS yields a higher price. As a shareholder, I appreciate higher EPS. 20% higher in the last quarter is not too shabby. Everything being equal, the $3.5B additional buyback will help EPS and share price. JMHO, Scott