[Am-info] MSFT Stock behavior

[Mitch Stone]

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True, but they can continue a buy-back program for years after it's=20
announced, and the company never announces when it is actually buying =
back=20
shares. I wouldn't be the least bit surprised if Microsoft reserved cash=20=

for a buy-back a long while ago.

Mitch

On Wednesday, July 24, 2002, at 04:47 AM, John J. Urbaniak wrote:

> =A0
>
> Mitch Stone wrote:
>
> It show up on the chart for today:
>
> http://finance.yahoo.com/q?s=3DMSFT&d=3Dc&k=3Dc1&a=3Dv&p=3Ds&t=3D1d&l=3D=
on&z=3Dm&q=3Dl
>
> This behavior isn't too unusual. Quite a few companies are using the
> falling market to repurchase shares. Volume also jumped at that point.
>
>
> I believe that companies have to announce a share re-purchase .=A0 =
They can'
> t just go and do it.
>
> John
> =A0
> =A0
>

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True, but they can continue a buy-back program for years after it's
announced, and the company never announces when it is actually buying
back shares. I wouldn't be the least bit surprised if Microsoft
reserved cash for a buy-back a long while ago.


Mitch


On Wednesday, July 24, 2002, at 04:47 AM, John J. Urbaniak wrote:


<excerpt>=A0


Mitch Stone wrote:


It show up on the chart for today:


=
<underline><color><param>1999,1999,FFFF</param>http://finance.yahoo.com/q?=
s=3DMSFT&d=3Dc&k=3Dc1&a=3Dv&p=3Ds&t=3D1d&l=3Don&z=3Dm&q=3Dl</color></under=
line>


This behavior isn't too unusual. Quite a few companies are using the

falling market to repurchase shares. Volume also jumped at that point.



I believe that companies have to announce a share re-purchase .=A0 They
can't just go and do it.


John

=A0

=A0


</excerpt>=

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