Re:Scholastic - SCHL - 2007/06/09 18:56
I understand the idea that the stock buyback could greatly impact the company's value, but other than this event occurring I don't see anything that makes this company a "good" choice. There data doesn't give me a promising feeling about the company, and I don't necessarily understand how the buyback will actually improve the running of the company, it may improve the stock price but I'm not sure it will improve how the company does its business. I believe we would be doing a lot of speculating on this company, and I am not sold 100% on that, but maybe after discussing the company more on Sunday, I will fully understand the potential benefits of buying now.
NICK
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