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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: matherandlowell who wrote (58993)	1/24/2007 9:57:35 PM
From: Glider05	Read Replies (1) \| Respond to of 197606

This is a very intriguing statement from Keitel. Intriguing last quarter, too. I did not think, at the time, that the Motorola announcement was the news he was referring to. The statement is kind of confusing to me. "We're not going to buy back now because we know something the public doesn't, and it will be good news, therefore that would be unethical" (paraphrasing). Doesn't a company almost always know of things that will happen in the future that the public does not know? And if those things were to be bad news, then the company would not want to buy back at that time. It seems to me that this policy would preclude an ethical company from ever buying back shares. I hope that the news Keitel is referring to is really big news, and we hear it soon.