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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: d[-_-]b who wrote (36168)	8/18/1998 8:10:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 1570438

Eric, Some jurisdictions outlaw share repurchase as it can bolster share prices in a downturn. That sounds reasonable to me. Of course in these jurisdictions you get tit for tat cross sgare ownerships which becomes an evil in it's won right, so I would favor a limit, say 1% annually on share repurchase with no carryover from year to year. The board should invest that money, buying market shares is a total waste and is borderline manipulation. Bill