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To: Jeff Haas who wrote (1599)4/6/1998 10:20:00 PM
From: jeffbas  Respond to of 1845
 
Knowing this was coming, they have to be real dolts to have bought any. I'd now want to look at the balance sheet to see what this expenditure, combined with the writeoff would cause it to look like.



To: Jeff Haas who wrote (1599)4/6/1998 11:12:00 PM
From: Jimbo Cobb  Respond to of 1845
 
Good point...I don't know the answer, but normally when a stock buyback is announced (1st of all, doesn't mean they have to buy back the stock, just authorizes them to do it if they want to), it is phased in over a year or so, so it makes sense they would only have executed 10-20% of the buyback so far, if any...

I certainly hope they start buying back some more shares soon !!

Mark.



To: Jeff Haas who wrote (1599)4/10/1998 1:24:00 AM
From: Peter Dierks  Read Replies (1) | Respond to of 1845
 
Perhaps the money invested in fabs and their losses have eroded their ability to press the buyback.

Peter