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To: greentree who wrote (1544)2/18/1999 2:33:00 PM
From: Noblesse Oblige  Respond to of 1671
 
The share repurchase was announced but never initiated. The company will certainly wait until the definitive agreement to sell Coach and Car before starting the buyback, which would otherwise require bank financing to be accomplished.

The earliest Coach and Car will be announced as sold based on currently available information would be in mid-March. Do not expect the share repurchases to begin until after then.

Have a good day.