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To: Joseph Francis Torti who wrote (24862)4/23/1998 5:17:00 PM
From: robbie  Respond to of 97611
 
JFT, re: <<You buy back shares when you are making shit load of money like Dell. You don't buy back shares after selling 400 million more in sales ( or giving it away for free) and losing 385 millions profits in three months.>>

Not where I come from. Buy low, sell high. Remember????

Robbie



To: Joseph Francis Torti who wrote (24862)4/23/1998 5:36:00 PM
From: Windseye  Respond to of 97611
 
Also the company buys when it thinks the price is too low... by just playing supply and demand games they can help move the stick higher. IBM does it frequently when it's trading too low. Besides, the rationale is that it moderates the effect of dilution from the DEC sale. THAT is also a very stabilizing thing to do.