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Biotech / Medical : SAFESKIN -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Happy who wrote (470)	11/25/1998 2:33:00 PM
From: Beltropolis Boy	Respond to of 828

for the record, the share buyback was at roughly $37.67. 1,869,900 shares for $70,432,858. the 10-q is now available: sec.gov ----- During the third quarter of 1998, the Company...repurchase[d] approximately two million shares of its Common Stock. The total cost of the treasury stock acquired related to this share buyback totaled approximately $70,400,000 for the year-to-date period ending September 30, 1998. Borrowings above the cost of the Company's share buyback are being used to finance (i) the Company's ongoing investment in its Thailand facilities where its production capacity is expanding by nearly 60 percent above 1997 levels, (ii) the Company's working capital requirements and (iii) other general corporate purposes.