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Kenticus Maximus

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Kenticus Maximus

Re: gnulnx post# 21301

Friday, 08/11/2006 3:13:13 PM

Friday, August 11, 2006 3:13:13 PM

Post# of 79921
With respect, disagree. The company buy back, even at bid, represents a transfer of shares from weak hands to strong ones. Even if they don't retire the stock, it will be off the market. Now it is true they can reissue at any time. However, they previously announced that they do acquisitions with prefered shares, so they have little reason to reissue. Why buy back, then turn right around and reissue? Doesn't make sense!

"I didn't say it was your fault...I said I was going to blame you!"

Regards, Kent.

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