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To: MythMan who wrote (4544)8/27/1998 4:55:00 PM
From: IceShark  Respond to of 86076
 
pooling prohibits stock buybacks for a year, correct?

I believe one criteria is "long term" so yes, in practice the general standard is (I believe, but have not litigated or examined it) 1 second past 1 year. Goes to the purchase v pooling business and defacto purchasing by issuing stock and immediately buying it back. This has killed some companies buyback plans to prop up employee stock option plan dilution i.e. CPQ & DEC or the one before DEC.

Have you cooled down? Sounds like you got hung out long and and you are getting smacked - account for touchy mood? Sorry about that, if the case, but there is always tomorrow and the hypesters are out in mass this afternoon.

Regards, IS



To: MythMan who wrote (4544)8/27/1998 5:42:00 PM
From: Joseph G.  Read Replies (2) | Respond to of 86076
 
<<A bunch of dancing bears rejoicing in world misery. sicko's all. They won't be laughing when they are unemployed. >>

Not going too much into philosophical and moral discussions, for which we have "Asia" and other threads [-g-], IMHO it's healthier in the long run to have the bubble burst now, rather then later, when more damage is done. If you look back, the country gets stronger after some painfull episodes bring it out of a drugged-like exuberance back to reality.