RE: Question for Gap guys....tibo
posted on
Jul 18, 2006 02:41AM
preciciah, that is exactly my point. Many here are expecting a big share buyback....significant enough to affect share price. I do not see it short term. I owned another company which announced the same thing and it never materialized because their business game plan started to come together and the share price went to 7 dollars from 1, and it has not retreated below 5 bucks over thepast two years. I think they had around 300 mill outstanding.