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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Platter who wrote (37064)2/8/1999 3:13:00 PM
From: paul feldman  Respond to of 95453
 
The sector just seems to rotate day to day between the hot company of the day. No gain is substantial or lasting.



To: Platter who wrote (37064)2/8/1999 4:00:00 PM
From: Douglas V. Fant  Respond to of 95453
 
Platter, Lest everyone forgets RON has good free cash flow and also has committed to buying back a real 20% of its stock float.

And I say "real" because RON specifically stated that any shares which are purchased and used for executive/employee stock options will not be counted against that 20% total. I'm impressed. I think that that's the first time I've heard any company ever make a public statement like that. Do you know of any others? It always cranks me when a company announces a "stock buyback" and is only really recycling shares into its option plans to be redistributed....