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skitahoe

06/12/04 3:22 PM

#947 RE: PennyWorld #946

Thanks Penny, I look forward to hearing from him.

From what I've seen it appears that the company buy back should bring the share count back below a billion, which sounds very positive to me. The question I have is can they operate for the next several years without issuing more shares, or are they looking to sell these shares again when they hope they'll bring a substantially higher price. I can live with either possibility, but of course I would hope they don't need to issue more shares because revenue is meeting or exceeding their monetary needs.

Gary