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JimLur

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JimLur

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Re: witchhollow post# 72176

Thursday, 06/10/2004 9:54:06 AM

Thursday, June 10, 2004 9:54:06 AM

Post# of 433308
I guess that's why this place is a great place so we can exchange our views. I figure you can grow more if you spend less because you retain more cash. A 20 cent dividend on 55 million shares would have cost about 11 million but a buy back is going to cost at least 17 1/2 million at this level.

Look at it like a bonus. If management can spend 7 million on compensation for themselves they could have spend 11 million on compensation for shareholders.

The best part is they would get a dividend too for the shares they own.

JMO

"Being 'over the hill is much better than being under it!"

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