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Re: immitt post# 4837

Thursday, 03/15/2007 9:48:10 AM

Thursday, March 15, 2007 9:48:10 AM

Post# of 34706
immitt in most cases I'd agree with you but it doesn't seem like they have completed a buyback yet based on the wording of the PR.

". An additional 70 million shares, representing electronic book entry shares, which are considered the "float," are in the process of being eliminated from the Depository Trust Corporation (DTC) system, which should be completed before March 23, 2007."

The only case where you would announce it first is if you want to raise the price so badly you don't mind paying a little extra for the shares. You would have to be very confident things will work out.