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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Switz who wrote (3161)7/24/1998 10:29:00 PM
From: Gary Burton  Respond to of 5944
 
Jim-- I doubt that ADPT was buying back shs today. i think they will hold off for single digits if it gets there. Rarely do companies immediately start buying the day after the CC



To: Jim Switz who wrote (3161)7/25/1998 1:10:00 AM
From: Mark Brophy  Read Replies (1) | Respond to of 5944
 
There are more rules.

The company can't buy for 48 hours after earnings are released. They can't buy more than 7% of the trading volume in a day.