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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: Doug Meetmer who wrote (2302)	8/25/1998 5:13:00 PM
From: Noblesse Oblige	Read Replies (1) \| Respond to of 3247

Hi doug... I am confident. The company was required to wait 48 hours for dissemination of news before it could make purchases of its shares. Today met that requirement, and Furman showed up as a buyer (though not the last two trading days, indicating that it is a near certainty that Cihra isn't putting clients into the stock), but only between the hours of 10:00 AM and 3:30 PM eastern time. You will please note that a company repurchase can not be done within the first or last half hours of the trading day. Have a good day.

To: Doug Meetmer who wrote (2302)	8/25/1998 9:04:00 PM
From: raefon	Respond to of 3247

Doug, He is correct. The company bought them. I agree with his take. There has not been a buyer willing to take a print of six figures in several years.... my understanding of stock buyback rules(comes from memory, but I will double check) is the company may purchase any block trade(10,000 or more), but may only purchase up to 25% of the regular trading volume of non-block trades. They must also wait 30 minutes after the open, and must halt 30 minutes before the close. There are some other arcane rules but I won't bore you with them.