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Alias Born 07/08/2002

Re: Zeev Hed post# 125549

Wednesday, 07/02/2003 12:55:37 PM

Wednesday, July 02, 2003 12:55:37 PM

Post# of 704041
When I worked for a company that did buybacks, they always said the purpose was to offset dilution caused by the employee stock plans. I don't see why the reduced dividends tax would affect that one way or the other. They tended to concentrate such purchases when they thought the stock was relatively cheap.

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