61.   ITT said the streamlining is part of its plan to split into three companies and buy back stock and debt.

62.   Knight-Ridder said it will use the money to buy back stock and reduce debt.

63.   Later, the bank may be willing to pay more for the right to buy back stock.

64.   Knight-Ridder Keith Woolcock, an analyst at Merrill Lynch International Inc., said said it will use the money to buy back stock and reduce debt.

65.   Lincoln will use funds from the sale to buy back stock, retire debt and make acquisitions in the life insurance and money management industries.

66.   Mason said he believes Southern National also will buy back stock to help allay reduction of per-share earnings upon completion of the merger.

67.   Moreover, management has been buying back stock aggressively, increasing dividends and making small acquisitions.

68.   Meantime, banks are boosting per-share earnings by buying back stock.

69.   Moreover, some drug companies, like Schering-Plough and Bristol-Myers Squibb, are buying back stock.

70.   Much of that money has been used to increase dividends and to buy back stock.