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Technology Stocks : Nanophase Technologies (NANX) -- Ignore unavailable to you. Want to Upgrade?

To: MARK C. who wrote (160)	4/29/1998 8:02:00 AM
From: WWS	Read Replies (1) \| Respond to of 322

Mark, thanks for your reply! I believe that, usually, share buybacks are announced in advance by the company, which I don't remember NANX doing in this case. And, it is also my understanding that shares purchased by the company are retired, not resold. They're retired since the purpose of share buyback is to reduce the number of shares outstanding, thus to enhance the worth of the remaining shares. Soon, I hope that we'll know the source of recent interest in NANX shares. Best Regards, Bill.