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gapwedge2001

10/15/04 12:07 PM

#10105 RE: SUNNYDAY #10104

While I believe we are both on the same side here, this buy has not resulted in a sustained price increase of any value. Right now we're at .07. I would venture that no one in SCMI is buying to raise the price -- as such an orchestrated move would have to result in that outcome being assured before even undertaken. I think some big boys are just being provided some exclusive before-the-big-meal opportunities to load up. I would expect each big buy to actually be followed by another reversal in price until such time as all on board say it's time to run.

Just my view, though. I look forward to reading replies from those I've not put on ignore.

Best to all. gap
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stehisit

10/15/04 12:33 PM

#10113 RE: SUNNYDAY #10104

By law a company can only buy back its own shares on down tics. So they can't drive the price up!
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STEHSUCKER

10/15/04 12:51 PM

#10118 RE: SUNNYDAY #10104

>> If president Jacobs has a major positive cash flow, and I BELIEVE HE HAS, he is buying back SCMI stock. <<

You must be delusional or on drugs to post this sort of unsubstantiated drivel.

The truth is that over the last two years your hero has been printing new shares faster than Boise Cascade can cut down trees.

Also it should have occured to you all that the 5 mill block was a negotiated trade off market and that's why it didn't move the price.