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CCA Industries Inc. Message Board

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  • STupidProfile605 STupidProfile605 Jul 12, 2004 12:54 PM Flag


    Actually, it is to be able to opportunistically buy a company or a product line from another company. At this point though, the cash balance is getting excessive. They should have been buying back shares hand over fist for the last couple years. It was a mistake by mgmt not to buy back a lot more, but they've done a pretty good job with the business so we can't complain too much.

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