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

To: IceShark who wrote (47209)	2/16/1999 5:22:00 AM
From: Earlie	Respond to of 132070

Ice: Good post. I drives me bonkers that many investors are not aware of this. Best, Earlie

To: IceShark who wrote (47209)	2/16/1999 6:17:00 AM
From: valueminded	Read Replies (1) \| Respond to of 132070

IceShark: If the repurchased shares are shown as a line item in the cash balance sheet, that means they are not retired, and if that is the case, the company should not be able to show a decline in the number of shares outstanding. Seems as if this would be an area that the SEC would be interested in or am I missing something. I have noticed it as well, but in most cases, I thought the companies did not show a decrease in outstanding (fully diluted) shares. imo of course. thanks