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Pastimes : Market Manipulation by this Presidential Administration? -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (16)	9/2/1998 1:41:00 PM
From: JakeStraw	Respond to of 57

>>I would thinkl that if you were going to buy something, you >>would want to do it with as little fanfare as possible, so to get it for the lowest >>possible price. Quite the opposite. They announce a buyback to show confidence in their company. They want to get this news out to the investing public.

To: long-gone who wrote (16)	9/2/1998 2:57:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 57

They announce the buybacks because they have to. Any such action will be the subject of a filing and needs to be disclosed in a timely fashion. In addition, they want people to know because they want the stock up. Management gets paid partially with options and the stock is a currency they can use for other purposes. But the point is they do it for company reasons. Not because they are helping the administration manipulate equity prices, as the the thread header suggest.