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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (79113)6/20/2001 8:57:08 PM
From: Zeev Hed  Read Replies (4) | Respond to of 99985
 
What is your answer? Mine is two pronged, corporations may have better use for the cash they have, or they do not have the cash. The other answer is that possibly corporations do not think that buying their stock at these prices is wise (they do not think their stock is an "uncommon" value?). The paucity of corporate buy backs and and the paucity of consolidations indicates to me that corporate chieftains think that prices are too high.

Zeev



To: puborectalis who wrote (79113)6/20/2001 11:43:17 PM
From: Dave Kiernan  Respond to of 99985
 
Obviously they are honoring the old saying..One mans treasure is another mans garbage.


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