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.

Gold/Mining/Energy : Headwaters Inc. (HDWR) -- Ignore unavailable to you. Want to Upgrade?

To: Gofer who wrote (5)	2/18/2001 5:39:42 PM
From: Ben Wa	Respond to of 17

the internet investment you refer to actually was a net positive. when I saw it, I was a bit perterbed by it, but after checking out why they did it, I was pleased. Unfortunately, I don't remember the details. I suggest you contact the hdwr management.

To: Gofer who wrote (5)	4/2/2001 5:24:20 PM
From: Ben Wa	Respond to of 17

It would seem that the National Energy Security Act of 2001 (S. 388 and S. 389) which provide for tax credits for investments in clean coal technology and subsidies for clean coal plants is helping bring HDWR into people's focus.

To: Gofer who wrote (5)	6/26/2001 6:52:13 PM
From: Ben Wa	Respond to of 17

DRAPER, Utah----June 26, 2001--HEADWATERS INC. (NASDAQ:HDWR) TUESDAY ANNOUNCED ITS BOARD OF DIRECTORS HAS AUTHORIZED AN INCREASE IN THE FUNDS THE COMPANY CAN SPEND IN CONNECTION WITH ITS STOCK REPURCHASE PLAN. THE PLAN, WHICH WAS ORIGINALLY ANNOUNCED BY HEADWATERS IN A PRESS RELEASE DATED MAY 23, 2000, AUTHORIZED AN AGGREGATE OF 20 PERCENT OF THE OUTSTANDING COMMON STOCK, 3 MILLION SHARES OF COMMON STOCK, OR $10 MILLION, WHICHEVER IS GREATER. UNDER THE REVISED PLAN, HEADWATERS' BOARD INCREASED TO $15 MILLION THE CASH THAT COULD BE SPENT UNDER THE PLAN. The company intends to continue to repurchase shares of its stock at appropriate times and under the proper market conditions. To date, Headwaters has repurchased approximately 2,210,000 shares. Most of the shares repurchased have been cancelled. Some of the shares repurchased will be held as treasury stock and used in connection with Headwaters' Employee Stock Purchase Plan and other corporate purposes. The company recently repurchased approximately 420,000 shares to reduce the effect of the new shares that will be issued in connection with the recently announced acquisition of Hydrocarbon Technologies Inc. ("HTI"). Steven G. Stewart, chief executive officer, stated, "We are pleased with the continued improvement in Headwaters' operations and believe that the stock repurchase program represents a good use of cash generated from our operations. "We believe the Headwaters' stock repurchase program has been beneficial for our shareholders and we intend to continue this program in the future as deemed appropriate considering market conditions, available funds and alternative investment opportunities."