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To: David Alon who wrote (5384)4/6/1999 2:38:00 PM
From: john b  Read Replies (1) | Respond to of 6467
 
David

As soon as they raise more money by selling more shares.<gg>

Regards



To: David Alon who wrote (5384)4/6/1999 11:43:00 PM
From: William I. Peltz  Read Replies (1) | Respond to of 6467
 
You got so carried away you forgot to mention that a buyback at this point only increases the per share loss.

The bullish meaning of the message is, obviously, that there will be earnings in the future and the earnings will fund the buybacks and improve the per share earnings reports!

Right. That amounts to putting several heavy carts before a very small, lame, and tired horse. Nonsensical, not to mention misleading, even to talk about buybacks at this point!

Bill