Replies to post #33132 on Flexpower Inc. (FLXP)

[Xylan]

DaddyCoop:::

General company stock buyback rules::

* BOARD AUTHORIZATION FOR PURCHASE OF that company's stock for the corporate treasury should specify:

* The maximum amount of money to be spent, or the maximum number of shares to be acquired.

* The rationale for the program.

* The time period covered.

* GETTING A WRITTEN AGREEMENT from the broker that the program will follow SEC Rule 10b-18 is a good idea. It should specify that:

* The company and affiliated purchasers may work with only one broker or dealer on any single day.

* The company may not buy on the opening trade on the NASDAQ National Market or during the last half hour of scheduled trading.

* The company's purchase or bid price may not exceed the highest current independent bid quote or last independent sale price, whichever is higher.

* The company must stay within trading volume restrictions unless it is doing a block trade.

Xylan

[DaddyCoopDogg]

that's right - I'm a bit distracted today - getting my information a bit miswired...but still, who knows? I don't think it would drive the price down 25%, and long term, it's only going to diminish the float and push the end price up, so the moral of the story...stay long. :)