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To: Wink who wrote (8083)	3/25/1998 4:11:00 PM
From: JOEY	Read Replies (1) \| Respond to of 27968

I believe there is a SEC rule that says the company can not buy back shares and hour after the morning bell and an hour before. ANyone clarify that?

To: Wink who wrote (8083)	3/25/1998 4:17:00 PM
From: John Maddison	Read Replies (2) \| Respond to of 27968

A General question for the experts!!! When a company starts buying back its shares I'm assuming those shares are taken out of the market. Hence the company will try and buy the shares for the lowest price they can get but look to the future in terms of the demand outstripping supply. They are hoping the money they have spent on buying the shares will be transferred into a higher stock price at a later date - Right or Wrong. John (I suppose I'll need to think of a funky code name if I'm to survive on this thread)