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Technology Stocks : DSSI/DATA Systems & Software -- Ignore unavailable to you. Want to Upgrade?


To: Allen Benn who wrote (698)8/4/1998 4:44:00 PM
From: Jimbo Cobb  Read Replies (2) | Respond to of 1061
 
Allen: Jtech got his buyback... biz.yahoo.com

Of course, just because they approve it, doesn't mean they have to go through with it if they have better uses for the cash. But if they have any confidence at all in the future of the company, surely buying back a few shares at current prices is a great investment. I'm glad to see management finally doing something (even if it turns out to be only lip service) to support the stock and the shareholders. I like the wording that the stock is currently trading at less than 1/2 of book value....of course, it would have been better if they could have somehow mentioned a few stocks like INTC and MSFT in the release, so the news would have shown up on more screens tonight <g>. By the way, how about SYSF, up 70% today ?!?!?!?!?!

Mark.