Ease2002.
in response to
by
posted on
May 23, 2008 10:00AM
Perhaps someone will take the microphone from him and put it were the sun don't shine. I brought up that issue from day one. Your statement:
"So at the end, WE GAVE AWAY 40 TO 60 MILLION TO BE RIGHT BACK WHERE WE WERE."
To me this is a profoundly important issue. The very reason the pro-divided investors argued for has now been proven false. I agree 100%. Where would you rather be, in the teens with $50+ million or our current position? It's a no brainer to me and certainly to imply it's all part of the past, as some are doing, is disingenuous. I would argue it's very much part of our present situation. The last time I checked, you could buy a much nicer house here in Texas for $400K than you can for $200K.
With that said, it really makes you wonder what is the point of our buy-back program? The amount of shares being removed from the market are paltry. We can't come close to making a significant dent at this rate. If their not really attempting to make a dent than why spend the cash? Are they simply trying to support the S/P? I'm having a hard time making sense out of anything their doing anymore. It's almost like they are half arse doing everything. Pay out some dividends, repurchase a few shares etc..but at the end of the day what are they really accomplishing? It's almost as if their half committed to everything without achieving a single objective. I really don't understand anymore. It's almost as if their doing a few things here and there buying their time waiting on the USPTO. I hope we hear news soon.