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Technology Stocks : Micro Linear (MLIN)? -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (1307)11/4/1997 1:50:00 PM
From: Mark  Read Replies (2) | Respond to of 1675
 
So what happens when the cash runs out to buy?

You then announce the good news so that you can make a return on your
investment. :-)

Nah...... They've never done anything that creative before, so there's
no reason to suppose this time will be any different. It is kinda
curious though, the persistance this company shows in buying back its
stock....... hum. Confidence, self interest or stupidity ?

Mark



To: jhild who wrote (1307)11/4/1997 7:55:00 PM
From: scope  Respond to of 1675
 
You got it all wrong. They buy shares, they keep their job. They don't
someone else comes in at these cheap prices buys the entire company,kicks them all out.Anyway, semis at 1.5 times sales or less are a steal. Better than building from scrach. look at Cy. Every time drops to 11, they buy like crazy.


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