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Re: Zeev Hed post# 253276

Friday, 06/04/2004 12:58:02 PM

Friday, June 04, 2004 12:58:02 PM

Post# of 704019
Interestingly TTC did really well after their stock buyback announcement even though they were at an all time high back then.
I hope we see such good action in CELL.

Here's the reason given for the buyback...(CELL)

With $144 million of liquidity (unrestricted cash and unused borrowing availability) at the end of the first quarter of 2004, the Company believes that it has sufficient liquidity to complete the repurchase program while continuing to fund operations and executing the Company's strategy for growth.



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