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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: oldirtybastard who wrote (54950)	9/16/2001 3:09:25 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 94695

Whether a given company should repurchase stock at this time or any other time depends entirely on the particular facts and circumstances of that company. That has nothing at all to do with whether "rules" that, according to one who has studied the subject, aren't even really rules should be lifted. If CSCO management and BoD feel that the long-term well-being of shareholders is better served by stabilizing the price of their stock in the current circumstances, then that should be their decision and the government should not stand in their way. If you are just bitter and angry at some company's management because you lost money as their price dropped, take it up with them and don't assume you know what is right for all companies (if any). If you are angry now because you have short positions that may suffer due to share repurchase programs, I suggest you pull out a dictionary and look up the word "risk". That's what you subscribed to when you bet against those companies.