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To: Elmer Phud who wrote (180968)5/1/2005 4:30:58 PM
From: Ali Chen  Read Replies (1) | Respond to of 186894
 
ephud, "I think there are consequences [wrt options repricing]"

Yes, one consequence is that your theory of precisely zero cost
of stock buybacks is incorrect.

BTW, I put forth another test for your "zero cost theory",
Message 21281971

Still waiting for your reply.

- Ali