SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (41185)12/28/1998 4:33:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 132070
 
tippet-

that looks like hype to me...I know that when a co announces a buyback that they do not actually have to follow through with it but it would seem crazy to announce it without the intetion to really buy wouldn't it?

Mike(if you're reading) do co's just out right decieve investors with announcements like this?

B*



To: yard_man who wrote (41185)12/28/1998 4:47:00 PM
From: RealMuLan  Read Replies (3) | Respond to of 132070
 
This piece of IM news is sort of misleading. Actually, he is exercising stock options to acquire 1 million shares. Although no price of options, I would say it is probably lower than $5.

<<PR Newswire - December 28, 1998 13:59

SANTA ANA, Calif., Dec. 28 /PRNewswire/ -- Ingram Micro (NYSE: IM) today disclosed that Chairman and CEO Jerre L. Stead exercised options to acquire one million shares of Class A Ingram Micro Common Stock. Stead has advised the company that he intends to hold the shares with no plans to sell in the foreseeable future.

>>



To: yard_man who wrote (41185)12/28/1998 6:09:00 PM
From: Knighty Tin  Respond to of 132070
 
Tip, Nope. Ingram is certainly not in any financial trouble. Its eps are still growing, just not at the 40-50% rate they had been growing and, they are still grabbing market share. If they were really confident, they would pay a dividend, but they are not stupid and they know what is about to hit them. MB



To: yard_man who wrote (41185)12/28/1998 8:18:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
>>''That's (corporate pc sales) a portion of their business that should come back in the next fiscal year,'' said one analyst, who did not want to be
identified.<<

oh, now dis analyst be confident, huh? da chairman probably be sellin' 1 million options to offset da purchases.

oh, sweety, leave my beautiful hair alone. i know it is hard to resist, but have some compassion on us beautiful people!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News