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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Don Lloyd who wrote (44536)1/25/1999 4:21:00 PM
From: Earlie  Respond to of 132070
 
Don:
I could and should have been clearer. The stock buy-back program uses shareholder assets (cash) to buy back stock. Shareholder equity is reduced in this way. Dilution it is, but it's better understood in your terms. Appreciate the comment.

Best, Earlie