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

To: Earlie who wrote (53219)	3/23/1999 7:05:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 132070

Sorry, Earlie: I forgot to post the URL about that delivery time. Here it is. And I agree that one will be better off to get a cheaper one right in the store. Message 8478840 Best.

To: Earlie who wrote (53219)	3/23/1999 7:13:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 132070

it will be interesting to see if COMS gets sold tomorrow even after they desperately announced a miniscule stock buyback to prop the POS up. I love it when industries in trouble spend their hard earned cash on bloated paper.. ho ho ho

To: Earlie who wrote (53219)	3/23/1999 7:31:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 132070

Hi Earlie, there was an interesting tidbit in USA Today money section concerning the debt being incurred by corp America. It seems that in 1997 approx 23-28% of corp earnings were used to buy back stock. In 1998 it number is something like 58%. And in fact the companies were incurring debt to repurchase stock. A recent example is T issuing debt for, among other things, a stock repurchase. The reason this is being done is to enhance the stock price by which most corp executives are judged. In other words, they are feathering their beds at the expense of the other shareholders. FWIW Monty