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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (54697)	10/26/2001 5:18:16 PM
From: Franco Battista	Read Replies (1) \| Respond to of 70976

Zeev, I've been lurking and reading your posts for a little while and would like to thank you for your market insights. I would like to make a small comment about company stock buybacks. Many companies that are buying back their own stock are doing this to offset insiders exercising options and selling stock. The net result of this exercise is to put the cash into insider pockets, rather than increase the dividend. Keep the posts coming. Franco