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To: Flint who wrote (9730)2/13/1998 9:26:00 PM
From: Fred Fahmy  Respond to of 13925
 
Flint,

I'm not sure if you were including this in 1), but a buy back also has the direct affect of increasing EPS since there are fewer shares.

It also provides a buffer/floor because you have a guaranteed buyer every time the stock begins to dip.

FF