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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (4115)	9/17/1998 2:04:00 PM
From: FawnVu	Read Replies (1) \| Respond to of 119973

TM, is it time to buy more Internet??? Have a feeling market will be up next week....When CMGI earning comes out...Any thoughts??

To: TokyoMex who wrote (4115)	9/17/1998 2:09:00 PM
From: NASDBULL	Read Replies (1) \| Respond to of 119973

They announced this last week, why would they buy back stock if they anticipated poor earnings? NASDBULL Xylan Reports Continued Share Repurchase Program CALABASAS, Calif.--(BUSINESS WIRE)--Sept. 8, 1998--Xylan Corp. (Nasdaq:XYLN - news), a leading provider of high-bandwidth switching systems, Tuesday reported that its board of directors has authorized the repurchase of an additional 1 million shares of its Common Stock. Under the original repurchase program announced in January 1998, the company had authorization to repurchase up to 2 million shares. On a year-to-date basis, Xylan has repurchased all 2 million shares. The company anticipates using the repurchased shares for employee stock benefit plans. Steve Kim, chairman, president and chief executive officer of Xylan, said the decision to extend the repurchase program was made in view of the prices at which the company's stock has recently traded.