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To: American Spirit who wrote (43409)12/13/2000 8:53:01 PM
From: Whiteboy  Read Replies (2) | Respond to of 57584
 
Has anybody heard of any major tech company having a buy back plan since we have drop below 3000? I have not except for CPQ? (I think).... This and a rate cut will be my sign that a bottom has been set.
I know some of the companies are restricted because of m&a activity but I would like to see "them" put their money were their mouths are
Whiteboy



To: American Spirit who wrote (43409)12/13/2000 9:45:19 PM
From: Softechie  Read Replies (1) | Respond to of 57584
 
I doubt it. They need to cash to survive and coming up debts to be paid. Check out Worldcom's debts coming up in 2/2001. Only Apple's balance sheet is strong with cash but they need that for development cycle where little revenue coming through. Don't let that cash per share fool you.


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