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To: The Duke of URL© who wrote (10484)	4/14/1999 9:35:00 AM
From: Wally Mastroly	Respond to of 19079

Page 14 of the 10Q (Qtrly Report) discusses buyback subject: freeedgar.com After clicking on the 4/13/99 10Q, click on "body" under the Table of Contents on the left of the screen.

To: The Duke of URL© who wrote (10484)	4/14/1999 10:10:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 19079

I realize they aren't related, but it just seems a bit...ridiculous. If a buyback is meant to drive up the price, but the price was already "up", then why split? Since the buyback is using some of the sale of shares to buyback stock issuances in ESOP/other plans, then it seems to me that the best way to offset that is to use currently held shares to provide these plans with the needed shares, rather than actually selling to "buy". As I said, I'm not an accountant...so there must be a good reason.