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Re: wando61624 post# 10019

Friday, 04/08/2005 8:56:48 AM

Friday, April 08, 2005 8:56:48 AM

Post# of 326388
Wando, that is good news. I've been thinking about your posts regarding NEOM possibly doing a buy-back. There have been differing opinions on that. I can't help wondering if you could be right, though. If they did issue a share buy-back, the number of outstanding shares will be reduced, the pps will rise, light bulbs are lit all over Wall Street, more investors get in, price continues to rise, NEOM gets re-listed, AND, establishes credibility, institutions start buying in droves, and well, we know the rest.

Some have said that the use of the Cornell money to buy-back shares would be irresponsible, but I'm beginning to think that a buy-back would be a brilliant move at this point. After all, with a possible deal with a Fortune 100 company, Virgin etc, that might be a big form a revenue that they are planning on as well, so it could be possible that they ARE planning to use some of the Cornell $ for reducing the amout of shares out there.

How do you feel, or does any one else have any thoughts?

Thanks






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