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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Evan Dimmer who wrote (58799)	4/19/1999 6:08:00 PM
From: rupert1	Read Replies (2) \| Respond to of 97611

They have a buy back program on the books. I can't remember the numbers (maximum authorisation and amount expended), but my research assistant, Elwood ,should be able to help out. I suspect that the company needs to buy back shares to furnish its option programs - I understand that a former employee or two might be exercising options in quantity. Use of the cash for this purpose is a very powerful vote of confidence as well as a direct benefit to the share price. Rosen is more shareholder oriented than EP ever was.