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To: Jane4IceCream who wrote (4120)2/25/1998 11:32:00 PM
From: Omnichrome  Read Replies (1) | Respond to of 27968
 
I will give the company kudos on this release. At least it was fairly well-written. I'm not sure what the motivation for this release is though. I also feel caution is in order. (I know Jonathan --- you think I'm too careful.). For one thing, I didn't care for their not mentioning the shareholders at all. You would think they would use the phrase "enhance shareholder value", but it's as though shareholders don't even exist to them. Also, I didn't like the "corporate flexibility" benefit. I read that as meaning if they need cash in a hurry, they will have up to 4M shares they could dump at a moment's notice. Lastly, I'm sure that they will buy shares slowly over time so as to get the best price and not cause the price to appreciate much. I'm not sure this is a shareholder friendly announcement. However, I think we'll see a short-term price increase and if we get good audited financials, that should add greatly to upward price movement.

Be careful out there.



To: Jane4IceCream who wrote (4120)2/25/1998 11:44:00 PM
From: Little Engine  Respond to of 27968
 
Now Dexx can claim Jane and I are the same person, I guess.

Found an interesting article from Fortune magazine regarding buybacks at:

http://bubblemouth.pathfinder.com/fortune/1997/970908/fst.htm

Enjoy.



To: Jane4IceCream who wrote (4120)2/25/1998 11:47:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 27968
 
LOL - man, I would look twice if the the woman I was dating said "honey, between dinner and the movie can we go back to my place, I need to jump on the computer to check SI" ;)

Just teasing Jane.. just find it funny.

Mark