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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: JSwanson who wrote (17778)1/9/2003 3:50:03 PM
From: Hardly B. Solipsist  Respond to of 19079
 
Thanks for the analysis.

I guess that we won't mind this buyback strategy if they can get the stock price over $50, right? (That's a joke.)



To: JSwanson who wrote (17778)1/9/2003 3:53:03 PM
From: hueyone  Read Replies (1) | Respond to of 19079
 
Yes Brushwud already corrected me stating that "retained earnings" are reduced when shares are repurchased, which as you mentioned, still supports rather than defies the contention that Oracle is transferring wealth to employees from shareholders in a very covert way through stock option plans followed by share buybacks.

Regards, Huey


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