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Stocks Q / Qiao Xing Mobile Communication

URL:  http://boards.fool.com/jon-thanks-for-your-reply-gt-gt-im-also-27011449.aspx

Subject:  Re: 2008 Q2 Conference Call Date:  9/20/2008  9:18 AM
Author:  lukematt Number:  8 of 16

Jon:

Thanks for your reply.

>
> I'm also thankful that my holdings in QXM are small.
>

I really don't know what to think about QXM. During the conference call, an analyst directly asked them--"You have a lot of cash. What about a share repurchase?"

QXM's CFO listed the probable uses of the cash that I mentioned in my original message. Not a word about a share repurchase.

The analyst asked again about a share repurchase. Nothing.

Then, a few days after I post my message, QXM announces a share repurchase.

I don't know what to think.


Jeff
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