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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: Doug Skrypek who wrote (7789)1/8/1998 11:13:00 AM
From: JakeStraw  Respond to of 13565
 
DS, I agree. Just a management ploy to inflate e.p.s. & tout how undervalued their stock is. The money would be better off used for R&D, pay-down of debt, or some other purpose.



To: Doug Skrypek who wrote (7789)1/8/1998 11:16:00 AM
From: Innuit  Read Replies (2) | Respond to of 13565
 
Buying back shares does not necessarily mean a reduction in the float. It is just that the shares are held in the Company's treasury. less are available so that supply is effectively less. This is not the same as a reverse split, which is a desparate move which backfires. repurchases are commonly done by the biggies (IBM, MRK) and they are usually followed by the stock price going north.


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