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---- Microsoft To Shed Billions to Buy Back Stock


gecko001 - 1:21 am on Jul 26, 2004 (gmt 0)


When have run your own stock price to the ground you invest in your self thus removing the amount of shares in the market.

The others then become more valuble (capital value/#of shares).

This is common practice as markets oscillate. you see gold companies do this all the time, process all the poor dirt, people think the mine has had its day, the company buys it's own shares and then starts processing the good stuff...everyone jumps on board, they sell out and around it goes again.

One thing is for sure they don't buy them back for nothing.
Gecko


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